Anonymous23 days ago
President Trump has thrown his political weight behind the CLARITY Act, a landmark bill that would reshape cryptocurrency regulation by dividing jurisdiction between the SEC and CFTC — but the legislation is stalled in the Senate amid a fierce standoff between the banking industry and crypto firms over stablecoin yield payments. The conflict raises profound questions about regulatory capture, presidential conflicts of interest, and whether the United States can build a coherent framework for a $2.4 trillion digital asset market.