# CLARITY

647
Next Thursday could be one of the most important days in recent crypto history.
Not #CPI ,
Not #非农 ,
Not even #ETF .
But—
👉 January 15th, #CLARITY bill voting.
Let’s do a quick background review:
What does this bill do?
In a nutshell 👇
👉 sets “boundaries” for the crypto industry.
It clearly distinguishes and defines:
Crypto exchanges
Brokerages
Market makers
Project teams
Who in the US will regulate them and how.
And the most critical point is 👇
👉 a large portion of the regulatory authority that was originally vague or even defaulted to the SEC,
Will be explicitly transferred to the CFTC
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🚨 A new report from the House Financial Services Committee calls for legislative action against "Operation choke point 2.0."
The report claims that the cancellation of banking transactions and "Operation Point of No Return 2.0" were implemented by creating a state of regulatory uncertainty and granting regulatory authorities excessive discretionary power, making it difficult for financial institutions to deal with digital assets.
According to the report, banking transactions for no less than 30 entities and individuals engaged in activities related to digital assets have been canceled by U.S.
SOL2,13%
ETH0,19%
XRP-2,53%
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