Will the CLARITY Act Protect Your Crypto When a Platform Collapses?

The CLARITY Act could strengthen protections for customer crypto when a covered broker or exchange fails. However, the safeguard is not yet law. The Senate version would treat qualifying ancillary assets and digital commodities held for customers as customer property in specified bankruptcy proceedings. In an X post on Monday, Senator Cynthia Lummis highlighted the […] Read The Full Article Will the CLARITY Act Protect Your Crypto When a Platform Collapses? On Coin Edition.