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CLARITY Act: How It Rewrites The Rules for US Crypto

We put it in one card: what crypto looks like now vs. what changes if it passes. 6 simple points — who regulates crypto, how tokens launch, DeFi, fundraising, exchanges, and custody.

The big shifts:
• Tokens can move from SEC to CFTC as they decentralize
• Developers and validators stop being treated as targets
• The old custody penalty (SAB 121) is gone
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