18 AGs just told Congress to kill the CLARITY Act.
Why? They say it hands the SEC too much power to steamroll state securities laws.
Bipartisan pushback means this isn't just political theater. States want their cut of regulatory control and they're not backing down.
If CLARITY dies, expect more fragmented crypto regs across the US. Bullish for decentralization, bearish for founders trying to navigate 50 different rule books.
Watch how this plays out. Fed vs state power struggles always get messy in crypto.
Why? They say it hands the SEC too much power to steamroll state securities laws.
Bipartisan pushback means this isn't just political theater. States want their cut of regulatory control and they're not backing down.
If CLARITY dies, expect more fragmented crypto regs across the US. Bullish for decentralization, bearish for founders trying to navigate 50 different rule books.
Watch how this plays out. Fed vs state power struggles always get messy in crypto.
