An important week for tokenization ๐บ๐ธ
Senate sponsors have released updated CLARITY Act text ahead of a Sept. 15 procedural vote on whether to advance the bill.
The legislation would establish a clearer U.S. framework for digital assets, defining regulatory roles and requirements for market participants.
The latest revisions address:
โ Ethics restrictions for public officials
โ Civil safeguards for software developers
โ Safeguards on affiliate trading and conflicts
โ Treasury authority to address bank deposit flight into payment stablecoins
For tokenization, clearer rules could give institutions a firmer basis to invest in the infrastructure, products, and services that bring financial assets onchain.
Ondo supports continued progress toward a framework that protects investors, enables responsible innovation, and strengthens U.S. leadership in onchain finance.