America Needs This Crypto Bill. Two Poison Pills Are Killing It.
The CLARITY Act — the most comprehensive crypto legislation in US history — passed the House with 294 votes but is now trapped in the Senate between two poison pills. One fight is about ethics: Democrats demand conflict-of-interest rules targeting Trump's $2.3 billion crypto ventures. The other is about code: law enforcement wants to weaken protections for blockchain developers. Meanwhile, the SEC and CFTC fight over who regulates what. If the bill passes, institutional capital floods in and tokenized assets get a legal framework. If it fails, Senator Lummis warns we wait until 2030. Prediction markets say coin flip.
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