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 one platform to another just to do your research on upcoming tokens, buy them when they become available, and keep track of your growing crypto portfolio.
Fortunately, that’s where Snorter Token ($SNORT) comes in.
The project is building Snorter Bot, a crypto trading bot for Telegram that allows you to do all your trading within the messaging app. You can snipe the latest and hottest tokens, trade them, and even manage your portfolio in a unified interface.
And with new projects always rife with risks from scammers and hackers, Snorter Bot will block malicious ones even before a trade is executed.
Powering the project is its native $SNORT token, which unlocks even more perks out of the Bot. You’ll get unlimited snipes, lower fees, voting rights, and exclusive rewards, to name a few.
To get $SNORT, go to the Snorter Token presale page, connect your crypto wallet to the presale widget, enter the number of tokens you want to buy, and pay with fiat or crypto.
If you prefer to earn passive rewards, you can opt to stake your tokens instead. The project team is offering a reward rate of 176% p.a., but this can still change depending on how many tokens will be locked into the staking pool.
The token is incredibly cheap at only $0.0991. But with less than a day before the next price increase, it’s best to buy yours as soon as you can.
To learn more about the project, be sure to read the Snorter Token whitepaper.
Don’t Get Left Behind When the Next ICO Wave Comes
As the US Senate inches closer to creating a bill that strengthens the CLARITY Act, it’s not just institutions and startups that will win, but individual investors as well. This will usher in a new era in the crypto market and potentially lead to an increase in ICOs.
When all these come to fruition, Snorter Token ($SNORT) can help you sniff out the hottest projects and be ahead of the curve.
Before you invest, though, be sure to do your research first. This is not investment advice.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
Source: https://bravenewcoin.com/sponsored/presale/senate-rifa-clarity-act