The regulation of digital currencies in the United States stalls again in the Senate.

The vote on the #CLARITY Clarify Act, a bill aimed at establishing rules for the digital currency market in the United States, has been canceled once again. This decision undermined the consensus in the Senate Banking Committee and led to the postponement of the scheduled 👀 session.

⚖️ The disagreement lies in the substance. In its current form, the bill is seen as incompatible with the core principles of the digital currency ecosystem, leading to a loss of institutional support, especially from the key players in this sector.

The issue of stablecoins is one of the main points of criticism. The law prohibits any form of returns for users, maintaining the appeal of traditional bank deposits and limiting competition with digital financial tools 🏦.

Another sensitive point is asset tokenization. The Clarify Act imposes strict rules on the securities market, mandating centralized governance structures, which hampers open and decentralized models ⚠️.

🌐 The impact also extends to decentralized finance (#DeFi ), where identity verification requirements and ongoing monitoring make open and unlicensed applications, which are a fundamental part of decentralized finance, unfeasible.

📌 The debate remains open, politically sensitive, and has the potential to drastically influence the future of the digital currency market in the United States.

#ClarityInCrypto

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