The CLARITY Act
The Digital Asset Market Clarity Act (CLARITY Act) has hit the US Congress, courtesy of House Financial Services Committee Chairman French Hill. This bill's all about setting up a clear framework for crypto and digital assets. It sailed through the House of Reps in July 2025 and is now getting the once-over from the Senate Banking Committee.
Debate Around
Investors like JPMorgan are all for it, reckoning it'll bring clarity and boost investment. But crypto bigwigs like Coinbase's Brian Armstrong are hitting the brakes, saying it'll nix tokenised equity, clamp down on DeFi, kill off privacy, scrap stablecoin rewards, and give the SEC more powers than expected.
My Point
As a proponent of cryptocurrency, I have no diffrent thoughts on striking a balance. I support financial freedom over government oversight. If we keep playing by the government's rules, we'll kiss financial freedom (and more) goodbye. People have to find better ways than ETF.