House Democrats Seek CLARITY Act Overhaul to Expand SEC Crypto Powers, Curb Trump's Crypto Business Activities
Summary
- House Democrats plan to pursue revisions to the crypto market structure bill, the report said.
- The proposed overhaul is set to include stronger SEC oversight authority over the digital-asset market, the report said.
- The proposal also includes measures to restrict U.S. President Donald Trump's crypto-related business activities, the report said.
Forecast Trend Report by Period
U.S. House Democrats plan to pursue changes to crypto market structure legislation that would expand the Securities and Exchange Commission's oversight authority and restrict President Donald Trump's crypto-related business activities, Solid Intel reported.
On November 4, Solid Intel said House Democrats intend to push revisions to the CLARITY Act, a crypto market structure bill.
The proposed overhaul would strengthen the SEC's authority to oversee the digital-asset market.
It would also include measures to limit Trump's crypto-related business activities.
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