ME News reports that on June 11 (UTC+8), investment accelerator Y Combinator tweeted its excitement over the CLARITY Act passing committee, stating that all future YC companies—those invested in or accelerated by Y Combinator—will utilize cryptocurrency technologies such as stablecoins. Blockchain enables low-cost, instant, global 24/7 asset transfers and allows anyone to build applications on top of it via open APIs. The CLARITY Act provides a clear regulatory framework for traditional financial institutions—such as banks, brokers, and custodians—by explicitly defining digital assets as either securities or commodities, establishing a CFTC registration pathway, and safeguarding user assets in the event of bankruptcy, thereby enabling startups to build with confidence. Together with the GENIUS Act, the CLARITY Act forms a comprehensive regulatory framework that will drive real-world applications such as instant global payroll settlement, rapid market clearing, and cross-border SaaS payments. (Source: Foresight News)
Y Combinator Supports the CLARITY Act and Plans to Use Crypto in All Future Startups
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Y Combinator supports the U.S. CLARITY Act and crypto compliance, planning to use digital assets in all future startups. The CLARITY Act provides a CFTC registration pathway and protects user assets, aligning with frameworks such as MiCA (EU Markets in Crypto-Assets Regulation). It complements the GENIUS Act to support real-world applications like payroll, market clearing, and cross-border payments.
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