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Expert Explained the Main Problem with CLARITY Act

Published

21 August 2026

Topic

regulatory

◆ Sectors

Crypto & Web3

◆ Geography

United States

◆ Source

Read at incrypted.com →

◆ Verified

Fusion42 · 21 August 2026 · Fusion42 review

Berkeley Law lecturer Hermine Wong criticised the U.S. Digital Asset Market CLARITY Act for favouring centralized crypto intermediaries over decentralised protocol developers and users. The bill's complexity benefits large companies while marginalising those who self-custody assets or engage in peer-to-peer transactions, raising concerns about regulatory focus and fairness.

This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 40 sources have reported it between 22 Jul 2026 and 2 Oct 2026.

◆ ◆ The Wire takeaway

You must reconsider your regulatory strategy and positioning given the bias in the CLARITY Act towards big crypto intermediaries. This opens a window to champion decentralised protocols and self-custody solutions as lawmakers debate the bill or alternatives.

◆ Coverage

40 sources · first reported 22 Jul 2026 · latest 2 Oct 2026

◆ Related on Wire

◆ Topics

Crypto & Web3crypto-regulationus-senatedecentralisationcrypto-intermediarieslegislation