𝐜𝐥𝐚𝐫𝐢𝐭𝐲 𝐚𝐜𝐭 𝐬𝐭𝐚𝐥𝐥𝐬 𝐚𝐬 𝐞𝐭𝐡𝐢𝐜𝐬, 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐞𝐫 𝐚𝐧𝐝 𝐬𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧 𝐝𝐢𝐬𝐩𝐮𝐭𝐞𝐬 𝐛𝐥𝐨𝐜𝐤 𝐬𝐞𝐧𝐚𝐭𝐞 𝐯𝐨𝐭𝐞 the clarity act has been stuck in negotiations over a 616-page draft because of three major disputes: ethics rules, developer protections and #stablecoin yield restrictions. senators tillis and gallego had a bipartisan counterproposal july 30 but lawmakers remain divided. a full senate vote before august recess is not certain. prediction markets reduced the likelihood of 2026 passage as jpmorgan warned skepticism is growing. bessent, the treasury secretary, pushed for immediate votes while law enforcement finally supported revised versions. if regulators are unable to do so, they will act alone through rulemaking and so #crypto innovation will be stifled without clear rules. my opinion: that bureaucratic gridlock is exactly why crypto needs clarity - without it, regulators will weaponize enforcement against startups while protecting jpmorgan and goldman sachs. the ethics dispute over #trump’s $1.4b crypto income is holding up rules that help millions of ordinary americans. crypto loses another month while politicians squabble over protecting presidential crypto grifts. #VrReports #ClarityAct
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