The CLARITY Act breakthrough: Why JPMorgan says the U.S. crypto rulebook is ‘close to completion’

Analysts at the bank say negotiations for the CLARITY Act are reaching a final breakthrough as lawmakers resolve long-standing disputes over stablecoin rewards and agency oversight. What to know : Lawmakers and regulators in Washington are nearing agreement on the long-debated CLARITY Act, with only a few unresolved issues remaining, according to a JPMorgan report. The bill would define how digital assets, including stablecoins and decentralized finance platforms, are regulated and how oversight is divided between the SEC and CFTC. While key questions remain over stablecoin rewards and DeFi oversight, bipartisan compromise appears to be emerging, though election-year timing could still delay passage and reshape legislative priorities.(Coindesk)