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Add as a preferred source on GoogleDemocrats Vote Against Proposed CLARITY Act Token Guidelines
The proposed guidelines sought to make people and entities involved in token launches accountable and prevent shell companies from being used to evade responsibility.
Democrats voted against proposed guidelines for binding token-launch rules under the CLARITY Act, favoring nonbinding guidance instead.
The proposal aimed to hold people and entities involved in token launches accountable. It also sought to prevent the use of shell companies to evade responsibility.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.