Elizabeth Warren just came out swinging against the Clarity Act Bill.
Classic Warren move - still trying to block any regulatory framework that could actually help crypto flourish in the US.
While other countries are rolling out the red carpet for digital assets, she's out here gatekeeping innovation.
The Clarity Act would establish clear rules for digital assets and DeFi protocols. But apparently, that's too much clarity for some politicians.
This is why capital and builders keep flowing offshore. When regulation by enforcement is the only play, everyone loses except the lawyers.
Classic Warren move - still trying to block any regulatory framework that could actually help crypto flourish in the US.
While other countries are rolling out the red carpet for digital assets, she's out here gatekeeping innovation.
The Clarity Act would establish clear rules for digital assets and DeFi protocols. But apparently, that's too much clarity for some politicians.
This is why capital and builders keep flowing offshore. When regulation by enforcement is the only play, everyone loses except the lawyers.