If America wants to lead in crypto, it must protect the people who build it
Despite the Clarity Act’s advancement toward the finish line, there’s one provision under threat for builders that can’t be overlooked, argues Smith.
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Clarity Act
Despite the Clarity Act’s advancement toward the finish line, there’s one provision under threat for builders that can’t be overlooked, argues Smith.
The most consequential crypto legislation in the world is moving forward in the U.S. Senate. As written, it leaves the United States exposed to money laundering, sanctions evasion, and conflicts of interest at the highest levels of government, argues Greytak.
The Maryland Democrat says bipartisan crypto legislation is close, but ethics and illicit finance concerns remain unresolved.
The industry has been trying to make a case this week the Clarity Act provides law enforcement strong tools to combat illicit finance involving cryptocurrency.
As Congress weighs crypto legislation, Aaron Klein says the CFTC needs more resources, independence and coordination to oversee digital markets.
The legislation is being framed as a turning point for U.S. crypto policy, but there’s a major piece of the puzzle being overlooked, argues Singh.
The bill’s restrictions on yield-bearing crypto products may push the industry away from passive “hold-to-earn” models and toward AI-driven, compliant yield infrastructure, according to STBL Chief Commercial Officer Joe Vollono.
The Clarity Act cleared the Senate Banking Committee with bipartisan support, setting up a potential full Senate vote within weeks.
HashKey says U.S. regulatory clarity may unlock institutional adoption of crypto and reinforce USD stablecoins globally, though stricter yield rules could push capital toward Asian markets offering higher returns.
After a bipartisan approval in the Senate Banking Committee, the crypto market structure bill now advances to a final overhaul aimed at Senate and House passage.