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Major Exchange Commission. The bill also creates a framework for stablecoin issuers, permitting traditional banks and crypto firms to issue stablecoins like Tether provided they satisfy specific criteria. Additionally, cryptocurrency exchanges would be mandated to segregate customer funds from corporate assets and to implement monitoring systems to deter market manipulation and insider trading.
Key Background
While the CLARITY Act aims to expand government oversight of cryptocurrencies, many digital‑asset firms back it for the legitimacy and clear regulatory boundaries it would provide. These companies argue that a defined framework would attract greater institutional
