US Clarity Bill Clears Senate Panel, Expanding CFTC Role and Limiting SEC

The US Senate Banking Committee has passed the “Clarity Bill,” a crypto regulation measure that had been stalled in Congress for months. The bill would sharply expand the CFTC’s jurisdiction over digital assets while reducing the SEC’s authority. On stablecoins, it limits interest payments but allows rewards tied to transactions. Two Democratic senators voted in favor, giving the measure a bipartisan signal. Still, controversy over potential conflicts of interest involving the Trump family remains an unresolved issue for future debate. Source: mk.co.kr