2 hours ago
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Key Takeaways
- CFTC gains an explicit DeFi control test.
- Registration depends on activities performed.
- DeFi protection covers only spot markets.
- Emergency councils receive a narrow exception.
- The prediction-market dispute remains unresolved.
- Advancing the bill requires 60 votes.
The revised CLARITY Act text retains the market structure established in the July draft but substantially rewrites Section 20209, which covers software developers and decentralized finance.
The main change is an attempt to separ...
English (US)