Paradigm's Justin Slaughter on Dems drafting their own crypto bill: they're fine with 80% of Clarity, but the contested 20% could bring much stricter DeFi rules. "To break some…
Original source excerpt
Paradigm's Justin Slaughter on Dems drafting their own crypto bill: they're fine with 80% of Clarity, but the contested 20% could bring much stricter DeFi rules. "To break some news, Clarity does loo…
Paradigm's Justin Slaughter on Dems drafting their own crypto bill: they're fine with 80% of Clarity, but the contested 20% could bring much stricter DeFi rules. "To break some news, Clarity does look dead. I don't think it passes in the lame duck." "Dems want a chance to rewrite things. There have been reports, which I first heard in the summer, that the House Financial Services staff is writing a crypto market structure bill on its own." "First, much stricter requirements on ethics of crypto ownership and involvement in crypto companies by government officials. This obviously is related to President Trump and his family's dealings with crypto." "When you talk to Dems who really follow crypto, they admit 80% of Clarity is fine. We're fighting over 20%. The problem for the industry is parts of that 20% are what they really care about." "I do think in particular, DeFi needs to be watching this very closely."
AI context is not available for this statement. The original source can be read independently.