CLARITY Act Could Help Make the U.S. the “Crypto Capital of the World”
The U.S. push to become the “crypto capital of the world” has three parts, according to Noah CEO Shah Ramezani.
The GENIUS Act defines what qualifies as a safe stablecoin, while the CLARITY Act determines whether the SEC or CFTC will regulate crypto. Tax rules would come last.
Ramezani says the U.S. has completely reversed course from three years ago, when “they did everything to stop it.”