The prefix comes from the Greek word “kryptos,” meaning “secret” or “hidden.” And there’s plenty about cryptocurrency that feels like secret knowledge. This week, however, the US House of Representatives sought to bring some clarity to digital currencies—or at least US regulation of them—by passing three new bills. What do you need to know about the GENIUS Act, the CLARITY Act, and the CBDC Anti-Surveillance State Act? Below, our experts offer some clarity of their own on what these measures mean for cryptocurrency, Americans’ wallets, and the world.
1. What is most important to know about the three bills?
These three bills aim to provide regulatory clarity for the cryptocurrency industry, which has long been operating in a gray area, with unclear agency oversight and undefined consumer…
