Wu Shuo learned that the Director of the U.S. Office of the Comptroller of the Currency (OCC), Jonathan Gould, posted on X in support of the "Clarity Act," stating that a clear framework is key to ensuring the United States maintains its leadership in financial innovation. The retweeted Wall Street Journal article details the current regulatory dilemma in the U.S.: aside from stablecoins, regulatory standards have shifted due to overlapping authority between the SEC and CFTC and political factors, prompting some crypto businesses to move to overseas markets like Singapore. The article argues that the "Clarity Act" will provide much-needed confidence for developers by clearly defining asset attributes (whether they are securities) and establishing compliance pathways, thereby keeping innovation within the United States.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin