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Cuomo Pushes for Clarity Act on U.S. Crypto Rules

Cuomo Pushes for Clarity Act on U.S. Crypto Rules

The Senate still has to vote on the bill, which defines regulators for exchanges, token issuers, and other digital assets. Cuomo points to Europe and tokenized securities as examples of greater clarity.

Blockchain is a decentralized digital ledger in which transactions are recorded.

Blockchains make it possible to store data and transactions transparently and securely without a central administrator. They form the foundation for cryptocurrencies, smart contracts, and decentralized apps.