Mmastodon first seen 1 d ago, last 14 min ago, peak #4
Crypto's Clarity Act collapses as regulators scramble
Original: Issue 110 – The Clarity Act collapses
The crypto industry's flagship US legislation, the Clarity Act, has collapsed, prompting regulators to race to reassure markets. Elsewhere, Sam Bankman-Fried is taking his case to the Supreme Court, while crypto political action committees are pouring $30 million into the race against Ohio Senator Sherrod Brown, one of the industry's sharpest critics.
Why now: The collapse of major crypto legislation, combined with SBF's Supreme Court bid and big PAC spending, is stirring fresh debate over crypto's political future.
Clarity ActSam Bankman-FriedSherrod BrownUS Supreme Court
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Evidence
- Issue 110 – The Clarity Act collapses · Citation Needed
Regulators race to reassure the crypto industry as the industry’s flagship legislation collapses, SBF tries his luck with the Supreme Court, and crypto PACs unleash $30 million against Sherrod Brown
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