Failing to pass the crypto market structure bill, known as the CLARITY Act, could leave the door open for a future less industry-friendly US government to crack down on crypto again, Peter Van Valkenburgh the executive director of advocacy group Coin Center says.
In an X post on Friday, Van Valkenburgh argued that rejecting developer protections in legislation like the CLARITY Act and the Blockcha...
The strongest version of this narrative is that the crypto industry stands at a crossroads: it can either secure long-term regulatory clarity through legislation like the CLARITY Act or risk future crackdowns under less sympathetic administrations. Van Valkenburgh’s argument is compelling because it acknowledges the current regulatory relief while warning against complacency. The historical context of Gensler’s enforcement-heavy approach lends credibility to the concern that regulatory attitudes...