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I could respect blocking the CLARITY Act over a real ethics concern.
But that’s not what this is. Some of these senators opposed every crypto bill for years, long before Trump ever entered the picture.
And here’s the part they’ll never admit: Trump is fine either way. He made his billy in a year, he’ll make more either way, this bill hardly changes anything for him.
The people who actually lose are the millions of ordinary users who would have finally gotten real regulation and protection that made another FTX impossible. The exact people these senators claim to be fighting for.
Killing the most important consumer protection law in crypto history to score a point against a man it won’t even touch isn’t principle. It’s a grudge with a press release.
Nothing about this protects anyone. It’s just stupid politics and blind hate against crypto.