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The CLARITY Act is up for review tonight, with DeFi protection clauses hanging in the balance
The CLARITY Act is scheduled for review today, and the Democrats have directly submitted over 100 amendments, specifically targeting DeFi protection clauses, aiming to impose stricter regulatory obligations on developers and platforms.
Now, 99% of the content has been agreed upon by both parties, only 1% of disagreements remain, and tonight's review is basically a party-line confrontation.
The DeFi community has been urgently lobbying against the amendments, but the overall crypto space remains optimistic, believing that passing the bill will bring long-term benefits to the industry. The market is likely to experience sharp fluctuations following the news tonight, so avoid excessive leverage.