The U.S. House of Representatives has passed the CLARITY Act, a landmark bill that defines whether cryptocurrencies are securities or commodities.

The U.S. House of Representatives passed the bipartisan CLARITY Act on Thursday, according to Benzinga. The bill aims to resolve jurisdictional confusion between the SEC and CFTC, offering clear definitions for digital assets,

Two of the legislations — the GENIUS Act and the CLARITY Act — were passed with significant bipartisan support.

After a week of squabbling in Washington, the cryptocurrency industry secured one of its primary legislative objectives and made progress toward a second one.

The CLARITY Act introduces a legal framework for identifying 'mature blockchain systems,' potentially reshaping how digital assets are classified and regulated in the U.S. ChatGPT

Congresswoman Maxine Waters criticized the Republican-backed “CLARITY Act,” calling it a handout to Trump and a threat to investor protections and national security. She warned the bill would weaken oversight of the crypto industry,

The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures cleared Congress and is on its way to enactment.

Sen. Elizabeth Warren (D-Mass.) once again voiced her concerns about cryptocurrency-related bills on Wednesday, citing President Donald Trump’s involvement and potential Big Tech exploitation. During an interview with Bloomberg,