November 15, 20261 min read0 views

Democrats Vote Against Proposed CLARITY Act Token Guidelines

Democrats voted against proposed guidelines for binding token-launch rules under the CLARITY Act, favoring nonbinding guidance instead.

The proposal aimed to hold people and entities involved in token launches accountable. It also sought to prevent the use of shell companies to evade responsibility.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send…

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Democrats voted against proposed guidelines for binding token-launch rules under the CLARITY Act, favoring nonbinding guidance instead.

The proposal aimed to hold people and entities involved in token launches accountable. It also sought to prevent the use of shell companies to evade responsibility.