📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
The US "CLARITY Act" has been passed, marking a significant breakthrough in the regulatory framework for digital assets.
Crypto Assets Regulatory New Framework: Analyzing the Digital Asset Market CLARITY Act
Recently, the U.S. House of Representatives passed the "Digital Asset Market CLARITY Act" by an overwhelming majority, establishing a clear regulatory framework for the digital asset market. This bill is expected to become landmark legislation, akin to the impact of the 1933 "Securities Act" on the U.S. capital markets.
The bill aims to end the long-standing regulatory uncertainty that hinders innovation and harms consumer interests. It sets clear "rules of the game" for blockchain systems, which is expected to help the United States maintain its leading position in this field while benefiting the world.
Core Content of the Bill
Impact on the Blockchain Industry
The bill adopts a "control-based" maturity framework to determine whether a blockchain system is decentralized through objectively measurable standards. This will provide a clear compliance pathway for legitimate projects while preventing bad actors from exploiting legal ambiguities.
The legislation provides important protections for the DeFi industry. It exempts DeFi protocols from the regulatory requirements imposed on intermediaries, providing necessary legal clarity for DeFi projects.
Comparison with Existing Systems
The "CLARITY Act" has the following improvements compared to the current situation:
Relationship with the "GENIUS Act"
The recently passed "GENIUS Act" will promote the widespread adoption of stablecoins. The "CLARITY Act" provides the necessary standards and oversight for the underlying infrastructure supporting stablecoins, creating a complementary relationship between the two.
Follow-up Progress
The bill has now entered the Senate review stage. The Senate may propose its own version, which will then be coordinated with the House version. Congressional leaders aim to send the final version to the president for signing by the end of September.
If this bill is ultimately passed, it will bring a clearer regulatory environment to the digital asset industry, promoting innovation while protecting consumer interests, and is expected to drive further development and application of blockchain technology.