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Senate Banking Committee advances Clarity Act for digital asset
Senate Banking Committee advances the Clarity Act, assigning CFTC primary oversight of most digital assets while the SEC retains authority over digital securities.
Bloomberg: The Senate Banking Committee advances the Clarity Act, which would make CFTC the primary regulator for most digital assets while SEC oversees digital securities — Bitcoin climbed past $80,000 after the Senate Banking Committee advanced a landmark US digital asset market structure bill after months of negotiations.
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