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The Nexus
POLITICSJun 23 · 18:55 UTCBITCOIN MAGAZINEMicah Zimmerman

Congress Schedules CLARITY Act Hearing for July 17 in New York

Congress has scheduled a hearing for the Digital Asset Market Clarity Act (H.R. 3633) on July 17 in New York. The bill aims to establish a regulatory framework by assigning the CFTC authority over Bitcoin spot markets and the SEC over investment contracts. It has gained momentum in Congress with bipartisan support but faces challenges in reconciling Senate and House versions.

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Mentioned
Digital Asset Market Clarity ActtopicHouse Financial Services CommitteeorganizationFrench HillpersonCommodity Futures Trading CommissionorganizationSecurities and Exchange CommissionorganizationSenate Banking CommitteeorganizationH.R. 3633topiccrypto firmsorganization
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