U.S. Regulators Clarify Digital Asset Laws Amid Bitcoin's Supply Dynamics
U.S. Regulators Clarify Digital Asset Laws Amid Bitcoin's Supply Dynamics
Recent developments in the U.S. regulatory landscape show an intensified focus on digital assets. A proposed CLARITY Act aims to establish a federal framework for cryptocurrency regulation, while the CFTC and SEC are seeking public comment to clarify the definition of 'swaps' amidst a lawsuit involving CME Group. Meanwhile, the fundamental aspect of Bitcoin's finite supply of 21 million coins continues to be a key discussion point in the market.
What Is the CLARITY Act? The Crypto Market Structure Bill Explained
The CLARITY Act, formally the Digital Asset Market Clarity Act, is a proposed U.S. cryptocurrency market structure bill that would establish a federal framework for how digital assets are issued, traded and regulated in the United States. The bill focuses on digital asset regulation, including how crypto firms should comply with federal law and which regulators […]
What Happens When Bitcoin Reaches 21 Million Supply?
Bitcoin has a maximum supply of 21 million coins, a limit written into the network’s code by its creator, Satoshi Nakamoto. Once all 21 million bitcoin have been mined, no new bitcoin will ever be created. Regardless, the network is expected to keep operating much the same as it does today. Instead of mining newly […]
CFTC, SEC request public comment to clarify definition of ‘swaps’ amid CME lawsuit
CME Group sued the CFTC on Thursday over the agency's decision to classify perpetual futures as futures contracts rather than swaps.