Techub News reports that Cointelegraph reports that Peter Van Valkenburgh, Executive Director of the cryptocurrency think tank Coin Center, warned that if the CLARITY Act fails to pass, the unfriendly US government in the future may leverage prosecutorial discretion to suppress the crypto industry in the absence of clear regulations. He stated that the core significance of legislation is to constrain subsequent government actions; without statutory protections, the industry faces significant risks driven by political winds.

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