What is the CLARITY Act and Why Does it Matter?

Over the last couple of weeks, buzz has been growing about the CLARITY Act, a proposed new framework for US crypto regulation. The bill’s first markup is scheduled for tomorrow morning. But what is the significance of this new crypto bill, and which industry players support it? New Act Brings CLARITY To Crypto Regulation Since the GENIUS Act cleared a key cloture vote, US crypto policy has been an especially important topic. In late May, GOP Congressman French Hill proposed the Digital Asset Market Clarity (CLARITY) Act, a new framework for Web3 regulation source: https://beincrypto.com/us-crypto-clarity-act-explained/