Senate Pushes Crypto Bill—Could Snorter Token Ride the Next ICO Wave?
The post Senate Pushes Crypto Bill—Could Snorter Token Ride the Next ICO Wave? appeared on BitcoinEthereumNews.com. The US Senate’s RIFA could further strengthen the regulations found in the CLARITY Act and potentially trigger an ICO boom, with $SNORT gaining. The US Senate released a discussion draft of a bill that will provide regulations on digital assets. Based on the CLARITY Act, the draft is in its early stages, with the Senate requesting feedback from the public. If the bill progresses and is signed into law, it can expand the crypto market further, paving the way for the next ICO wave and projects like Snorter Token ($SNORT). RIFA to Strengthen CLARITY Regulations Further The Senate Banking Committee’s discussion draft of the ‘Responsible Financial Innovation Act of 2025’ (RIFA) covers key points regarding digital assets. For one, it requires the Securities and Exchange Commission (SEC) to exempt ‘certain offers or sales of ancillary assets from SEC registration.’ It also directs the SEC to update its existing requirements to cover digital assets. Another point encourages private sector entities to work with federal law enforcement to detect and prevent illicit finance. Overall, these will help further strengthen the regulations proposed by the CLARITY Act, which RIFA is based upon. “This discussion draft represents a thoughtful, balanced approach that will provide the clarity our innovators need while providing robust consumer protections.” – Subcommittee on Digital Assets Chair Cynthia Lummis More clarity is, of course, a boon to the crypto market as a whole. This will encourage even more institutions and startups to participate, which could then lead to an explosion in ICOs. Snorter Token: Helping You Ride the Next ICO Wave With RIFA and CLARITY potentially triggering the next crypto boom, it pays to be prepared to grab the next big coins. But the trouble is that it’s hard to find the right coins to buy. You have to switch from…
The post Senate Pushes Crypto Bill—Could Snorter Token Ride the Next ICO Wave? appeared on BitcoinEthereumNews.com.
The US Senate’s RIFA could further strengthen the regulations found in the CLARITY Act and potentially trigger an ICO boom, with $SNORT gaining. The US Senate released a discussion draft of a bill that will provide regulations on digital assets. Based on the CLARITY Act, the draft is in its early stages, with the Senate requesting feedback from the public. If the bill progresses and is signed into law, it can expand the crypto market further, paving the way for the next ICO wave and projects like Snorter Token ($SNORT). RIFA to Strengthen CLARITY Regulations Further The Senate Banking Committee’s discussion draft of the ‘Responsible Financial Innovation Act of 2025’ (RIFA) covers key points regarding digital assets. For one, it requires the Securities and Exchange Commission (SEC) to exempt ‘certain offers or sales of ancillary assets from SEC registration.’ It also directs the SEC to update its existing requirements to cover digital assets. Another point encourages private sector entities to work with federal law enforcement to detect and prevent illicit finance. Overall, these will help further strengthen the regulations proposed by the CLARITY Act, which RIFA is based upon. “This discussion draft represents a thoughtful, balanced approach that will provide the clarity our innovators need while providing robust consumer protections.” – Subcommittee on Digital Assets Chair Cynthia Lummis More clarity is, of course, a boon to the crypto market as a whole. This will encourage even more institutions and startups to participate, which could then lead to an explosion in ICOs. Snorter Token: Helping You Ride the Next ICO Wave With RIFA and CLARITY potentially triggering the next crypto boom, it pays to be prepared to grab the next big coins. But the trouble is that it’s hard to find the right coins to buy. You have to switch from…
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