U.S. Lawmakers unveil Clarity Act alternative amendment for review

The CLARITY Act’s ‘Alternative Amendment’ aims to clarify regulatory boundaries around digital assets. It looks to distinguish the classifications of commodities and securities, significantly affecting Ethereum and other tokens.

Timothy Massad expressed concern about the reliance on decentralization within the new regulatory framework, highlighting its instability. Increased compliance costs could pose challenges for various tokens as asset classifications change.

Ethereum’s market remains volatile, currently priced at 2,505.63 USD and facing fluctuations. The digital asset has shown a 60-day gain of 51.32%, indicating substantial market activity and uncertainty amid regulatory changes.

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