Clarity Act delayed until September - Banks continue to push on with building

• The Clarity Act has been rescheduled to September, with no official legal framework yet for the crypto market.
• According to an article on The Block, author Vassilis Tziokas from Matter Labs believes banks are still actively building crypto infrastructure despite the lack of clear law.
• With no clear rules each month, the advantage shifts toward closed platforms (walled gardens), limiting transparency and fair competition.
• The article highlights how U.S. legislative delays are affecting the pace of global crypto development.
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Source: CoinDesk