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"The largest exchanges, the largest stablecoin issuers, the largest defi protocols all exist outside the United States. That's a failure of US leadership." miles jennings asked Patrick Witt — Executive Director of the President's Council of Advisors for Digital Assets — why the Clarity Act has to pass. "This... show more

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14,818 次观看 • 4 个月前 •via X (Twitter)

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THE CLARITY ACT IS ABOUT TO CHANGE EVERYTHING 🇺🇸 President's Council of Advisors for Digital Assets Patrick Witt: We got this bill done. There's REGULATORY CLARITY. the floodgates are opening 🔥

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Trump is expected to sign the Clarity Act by April 3rd 🔥 - Patrick Witt, President’s Council of Advisors for Digital Assets #Crypto

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🚨NEW: We spoke with Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, at ETHDenver 🏔🦬🦄 to get the latest update on negotiations surrounding the Clarity Act. We discuss the expected timeline for passage, whether there will be sufficient Democratic support, and how the ongoing debate between banks and the crypto industry over stablecoin rewards is shaping the process. Patrick also shares why developers should care about legislation, concerns around further delays, and his thoughts on David Sacks’ time in Washington as Crypto and AI Czar.

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America is primed for digital asset leadership. The GENIUS Act has already helped unlock investment and innovation in the stablecoin sector. Now, we have an opportunity to strengthen America’s leadership in digital assets, but only if we pass the CLARITY Act. The time is now, let’s get it done. 🇺🇸

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You can’t demand compliance while refusing to explain what compliance requires. miles jennings on why the CLARITY Act matters: “For the entire time that the industry has existed, it’s been very unclear whether or not digital assets have been subject to securities laws, how those securities laws apply, and how entrepreneurs can comply.” The bill creates a tailored framework for digital assets, draws jurisdictional lines between the SEC and CFTC, establishes guardrails for exchanges, and protects entrepreneurs from being unfairly targeted. “It’s targeting the key areas of uncertainty that have plagued the space for a long time, and really impeded innovation.” MTS

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