Golden Finance reported that, according to Crypto in America, the U.S. House of Representatives plans to hold a marked-up hearing on the digital asset market structure bill CLARITY Act next Tuesday. Meanwhile, eight major crypto policy organizations have issued a joint statement urging Congress to include the Blockchain Regulatory Certainty Act (BRCA) in the CLARITY Act to protect software developers and infrastructure providers that do not hold user funds.
Some encryption native enterprises have expressed concerns about the current text of the bill, believing that it may give traditional financial institutions an advantage over encryption native companies. According to the current text, SEC-registered companies such as Wall Street institutions like Charles Schwab will immediately offer digital asset services after the bill is passed, while encryption native companies may face a more complex CFTC registration process.
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