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7/9 Jack wu Ecosystem Tourism Alpha Committee Discussion
Blockchain ecosystem sharing
🔄☄️ Crypto circle legislation and a life-or-death showdown! A new version of the U.S. 《CLARITY Act》 is set to be released as early as next week—will DeFi see an epic tailwind?
#加密貨幣 #幣圈 #區塊鏈
——— 🔔Core content 👇👇
The 《Digital Asset Markets Clarity Act》 (CLARITY Act), which is tied to the life-and-death structural framework of the U.S. cryptocurrency market, is entering its 2026 final showdown!
According to the latest information, a brand-new draft version that integrates input from two major Senate committees is expected to be officially unveiled as early as next week (the week of July 20), and it will also strive to be submitted to the full Senate for a vote by the end of July.
If the legislative window in the coming weeks is missed, as the U.S. Congress shifts its agenda to the autumn midterm elections, the probability that this bill can “clear” this year will be directly reduced to zero!
📌 The core focus points and bottlenecks of this revised draft:
1️⃣ DeFi ushers in a major dawn 🌟
Senior figures from the Democratic Party publicly throw their weight behind the bill’s 《Blockchain Regulatory Clarity Act》. The key, key point: as long as developers do not directly handle or custody customers’ assets, they should not be regarded as “fund transferors”!
This means DeFi developers may be spared layers of compliance shackles and could be seen as a major positive for protecting the U.S. Web3 ecosystem!
2️⃣ Adds 70+ pages to strengthen consumer protection 📑
This revised version is not a mere patchwork; it has been reworked and revised specifically around regulatory authority, with more than 70 pages of entirely new provisions, especially reinforcing consumer protection rules.
3️⃣ The biggest stumbling block: bipartisan infighting and conflicts of interest 🛑
At present, the biggest bottleneck lies in the “conflicts of interest” clause. Democrats insist that high-level government officials, including the president, must not have any commercial ties or dealings with the cryptocurrency industry; otherwise, they will refuse to support the bill.
In addition, both parties are still throwing responsibility back and forth over personnel vacancies at the SEC and CFTC, and the White House has not yet given its approval to the final negotiated points.
⏳ A crisis racing against time:
For the bill to pass in the Senate, it must secure at least 60 votes. With only about the final 3 weeks left before Congress’s summer recess, and the bill then needing to be sent to the House, which has fallen into a deadlock due to severe internal disagreements, it will ultimately also require a signature from Donald Trump.
Under such extreme time pressure and heightened political maneuvering, whether the bill can still clear at the last moment remains full of uncertainty.
#Web3利好 #DeFi @捷客屋理財Eric @筑瑛