Politicians And Crypto Leaders Clash Over Newly Released CLARITY Act Text

Senate Republicans and the White House released the updated CLARITY Act text, which centralises crypto enforcement under the DOJ, disassociates non-custodial developers from money transmitter rules, and includes a sunset clause on ethics provisions expiring January 2029. Democrats oppose the text citing weak enforcement and loopholes, whilst crypto industry leaders express cautious support, though passage odds remain at 33% on Polymarket.

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