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🇺🇸 The U.S. Secretary of the Treasury has called on Congress to urgently pass the CLARITY Act regarding the structure of the crypto market.
"Time is running out, and now is the time for action. Passing this law will provide stability to the crypto market amid volatility."
• Currently, regulations for the crypto industry remain "unclear."
• Companies are relocating to jurisdictions with clear regulation, such as Singapore and Abu Dhabi.
• The law should establish uniform federal rules for digital assets.
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