Mmastodon first seen 11 h ago, last 4 min ago, peak #4

Crypto's Clarity Act legislation collapses

Original: Issue 110 – The Clarity Act collapses

The crypto industry's flagship US legislation, the Clarity Act, has reportedly collapsed, prompting regulators to rush to reassure markets and companies. Alongside the bill's failure, Sam Bankman-Fried is attempting to take his case to the Supreme Court, while crypto political action committees are spending $30 million against Ohio Senator Sherrod Brown.

Why now: The collapse of a major crypto bill, combined with the SBF Supreme Court bid and heavy PAC spending, makes this a pivotal moment for US crypto policy.

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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