The draft bill from the U.S. Senate Banking Committee excludes pledges, airdrops, and decentralized entity infrastructure networks from securities laws

ChainCatcher news, according to Coinness, the U.S. Senate Banking Committee has released a revised draft of the "Digital Asset Market Structure Act" (CLARITY). According to the draft, staking and airdrops are not subject to securities laws, and decentralized physical infrastructure networks (DePIN) are also exempt from securities laws. Additionally, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) will form a joint advisory committee to collaboratively make decisions and address disputes in the cryptocurrency space. Furthermore, the draft retains provisions from the previous draft, such as self-custody protections and DeFi exceptions.