What is Crypto Clarity Act? Its impact on crypto price.

What is the purpose of Crypto Clarity Act ? What impact will it have on crypto price ?

Crypto clarity act aims to establish a regulatory framework for cryptocurrencies that:
- Is dividing oversight between the SEC and CFTC
- Is setting rules for digital asset businesses

It can affect crypto price a bit, shortly before and after it will come to the force.

In the long term period, it can can have a bit bigger impact on crypto price. But it doesn't mean it will double crypto's price.