The 3 fights that decide the CLARITY Act: Ethics, DeFi, and $1.35B in yield
Trump's $1.4B crypto income, the Section 604 developer shield, and a $1.35B stablecoin-yield question. The three fights deciding the CLARITY Act.
➤ The CLARITY Act, a significant crypto bill in the US, is stalled in the Senate due to three key disputes: President Trump's crypto income and ethics, DeFi developer protections, and stablecoin yield revenue. ➤ The bill faces a tight deadline before the August recess, with passage requiring bipartisan support and overcoming procedural hurdles, potentially impacting institutional adoption and DeFi regulations. ➤ The outcomes of these disputes will set precedents for digital asset law in the US, influencing everything from asset classification to the business models of major crypto platforms.