Upcoming Vote on the CLARITY Act

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tony.gweiMember
Posts: 7 · Reputation: 74
#1May 2, 2018, 04:27 AM
Why is no one talking about the Senate Banking Committee voting on the CLARITY Act this Thursday? I thought this was a big deal, right?
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MadNovaHero Member
Posts: 278 · Reputation: 3536
#2May 2, 2018, 10:46 AM
Less regulations are coming! Most discussions about the act have been happening here, that’s why it feels kinda quiet. If you find similar threads, maybe just close this one. No biggie.
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0x4lphaFull Member
Posts: 519 · Reputation: 509
#3May 4, 2018, 04:24 PM
I’ve noticed a few threads about the CLARITY Act floating around here: - Is the CLARITY bill a big deal? - Will it stop crypto pump and dumps? - The 2026 Clarity Act: balancing national security and decentralization? Seems like there's good coverage, but we should focus on when it gets signed.
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maxoracleMember
Posts: 352 · Reputation: 74
#4May 6, 2018, 12:06 AM
Yeah, it’s a significant issue. Unlike the GENIUS Act, which stirred up drama between banks and stablecoin issuers, this one is about defining whether a crypto is a commodity or security. The controversial bit? That anti-manipulation clause. Big firms are worried about low cap altcoins getting hit by it.
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Posts: 128 · Reputation: 228
#5May 6, 2018, 03:58 AM
Definitely something big. The crypto world has been waiting for clarity like this from the US government. It might even push prices up to $80k at some point. Fingers crossed this act gets passed!
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