Implications of the US Senate’s 309-page Draft on the CLARITY Act - Tekedia

The U.S. Senate released a 309-page draft of the CLARITY Act, a bill meant to define federal oversight of digital assets.

The proposal could reshape how the SEC and CFTC share responsibility for cryptocurrency regulation in the U.S.

At the same time, Kevin Warsh’s nomination to lead the Federal Reserve moved forward in the Senate.

A new Fed chair could influence inflation, market conditions, and risk appetite for assets like crypto.