CLARITY Act Dey Try Solve U.S. Crypto Regulatory Wahala Wit CFTC Lead, DeFi Protection, And Key Amendments

Lawmakers for Washington dey push di bipartisan CLARITY Act wey go overhaul US crypto regulation, aim make clear digital asset levels plus beta protection for consumers. Di law assign Commodity Futures Trading Commission (CFTC) as main regulator for digital commodities like tokens, exchanges, brokers, and spot markets, while Securities and Exchange Commission (SEC) go handle oversight for assets wey fit as securities. Di bill dey for markup stage, meaning dem dey still refine am. One key part na say DeFi developers and transaction relayers no go need normal registration, plus e clear protect peer-to-peer transactions and self-custody for the industry. Di act get plenty support from industry, but some people warn say e dey too focus on asset classification and forget infrastructure and risk management for developers. Amendments like Blockchain Regulatory Certainty Act (BRCA) dem dey consider to close the gaps and balance regulation for DeFi and new technologies. Meanwhile, CFTC dey face wahala because plenty commissioner seats still empty and Senate confirmation dey delay, e dey block decision-making at important time for US crypto policy. Regulatory experts dey warn say both clear laws and proper regulator power must dey for better oversight. Crypto traders suppose dey watch well-well: CLARITY Act approval and possible amendments fit change compliance rules, exchange operations, and DeFi/self-custody ways for US. Regulatory uncertainty still dey because of leadership shortage for CFTC, but if reform succeed, e fit bring better market stability and clearer guidance for traders and projects.