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Overall, it’s a good bill, especially if your primary complaint about CLARITY was the lack of SEC disclosures.
The biggest issue with the bill is that it’s missing its” other half:” the CFTC regulations. For that, we have to wait for an Agriculture Committee discussion draft.
I do think the clean rubric for digital assets via the ancillary assets section is a better, more workable approach than maturity test of CLARITY. Above all else, this law has to be workable, and simpler and cleaner is a better approach than anything complex. Only the lawyers benefit from complexity ultimately.

22.7. klo 21.52
35 pages only. Well this will be a fast analysis. I’ll just hit the highlights.
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