[CoinDesk Calls on U.S. Congress to Pass the 'Clarity Act' to Establish a Regulatory Framework for Digital Assets]
According to CoinDesk, an article calls on the U.S. Congress to pass the 'Clarity Act' to establish a unified regulatory framework for digital assets. The article points out that enforcement-led regulation dominated by the SEC has created uncertainty. The act aims to clarify the attributes and jurisdiction of spot digital assets, distinguish between the definitions of commodities and securities, and grant clear authority to the CFTC and SEC.
Ray Dalio stated that if the United States does not reduce its deficit to 3% of GDP, it will face a debt crisis within three years, and said that the increase in debt supply, weak Treasury demand, and printing money make gold and Bitcoin superior to bonds. （Cointelegraph）
Brian Armstrong stated on the X platform that most G20 countries already have regulatory frameworks for cryptocurrency trading, with the UK establishing such frameworks a few months ago and the US being the main exception as the location of the world's largest financial market. The Senate should pass the Clarity Act on September 15th.
CNBC analysis points out that the rise of Bitcoin is driven by macro factors and amplified by large-scale short squeeze, and Bitcoin often benefits when liquidity expectations improve. （Bitcoin Archive）
