‘Final’ CLARITY draft pleases no one, so does that make it good?

Homepage > News > Business > ‘Final’ CLARITY draft pleases no one, so does that make it good? The ‘final draft’ of the U.S. Senate’s crypto market structure bill is out, but most of its critics say the fixes its authors claim to have introduced still aren’t good enough to win their approval. Trump ethics’ pledges not all that they seem Dems not buying it Neither are state attorneys general Banks unhappy with lack of stablecoin ‘rewards’ fix DeFi sector not happy with changes to developer protections New CLARITY ignores tribal gaming concerns re prediction markets Late Sunday, Senate Republicans released what they’re calling the “final draft” of their digital asset market structure legislation (the CLARITY Act). You can read the entire 635-page draft here. CLARITY is facing a high-stakes cloture vote in the Senate on Tuesday (15) that will require 60 votes to pass. Meaning, if all 53 GOP senators approve (which isn’t a given), it would still require the support of at least seven Democrats. Assuming CLARITY survives Tuesday’s tally, further debate will follow that could see significant revisions to this ‘final’ text, all within the context of a rapidly shrinking Congressiona...