The U.S House of Representatives has passed the bill 'Clarity Act' seeking clarity for the creation of non-fungible token-based gaming coins.

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

Cardano decentralization gives it an advantage under the Clarity Act, potentially classifying ADA as a mature blockchain with stronger legal standing.Ask 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,

US House passes CLARITY Act, bringing much-needed structure to the fragmented digital asset ecosystem and clarifying roles of SEC and CFTC.

Web3 gaming faces regulatory hurdles in the U.S. as developers push for legal clarity and the CLARITY Act offers a path forward.

Galaxy Digital, Coinbase are 'exceptionally well positioned' to benefit from increased adoption of digital assets once the act is passed, the report said.

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