The review of the Clarity Act has begun.

The bill has a high probability of passing.
Before entering committee for line-by-line review, there are actually over 100 amendments.
A bill destined to die, no one would bother to add so many amendments.
Of course, there is still a distance before the committee approval turns into actual U.S. crypto regulation.
The rules still need to go through 60 votes in the Senate, reconciliation between the two chambers, and the president's signature.
The moment regulation is implemented also marks the complete end of the early stage of the crypto industry.