Title VI of the July 22 draft shields non-controlling developers and network participants from money-transmitter treatment while preserving criminal liability for knowingly moving illicit funds. That directly cuts U.S. legal risk for validator infrastructure and non-custodial software, but floor time is brutal for a 616-page bill that cleared Senate Banking 15-9.

Top comment by @Benthic

Explore the topic

More on CLARITY Act

Senate Majority Leader John Thune files cloture on the Clarity Act, setting up a Sept. 15 procedural vote as lawmakers return from August recess

Senate Majority Leader John Thune files cloture on the Clarity Act, setting up a Sept. 15 procedural vote as lawmakers return from August recess

The Block Β·

U.S. Senate delays CLARITY Act vote until September after August recess as lawmakers seek bipartisan support for landmark crypto market structure bill, Thune confirms

U.S. Senate delays CLARITY Act vote until September after August recess as lawmakers seek bipartisan support for landmark crypto market structure bill, Thune confirms

The Block Β·

Coinbase CEO Brian Armstrong says 1 in 4 Americans own crypto, arguing the CLARITY Act has bipartisan voter backing and is key to preserving U.S. leadership in finance and innovation

Coinbase CEO Brian Armstrong says 1 in 4 Americans own crypto, arguing the CLARITY Act has bipartisan voter backing and is key to preserving U.S. leadership in finance and innovation

𝕏/@brian_armstrong Β·

Bessent’s top crypto adviser Tyler Williams exits Treasury as CLARITY Act stalls

Bessent’s top crypto adviser Tyler Williams exits Treasury as CLARITY Act stalls

𝕏/@BrendanPedersen Β·

White House weighs CLARITY Act compromise giving state AGs enforcement power alongside DOJ

White House weighs CLARITY Act compromise giving state AGs enforcement power alongside DOJ

𝕏/@CoinDesk Β·

Strategy founder Michael Saylor backs bipartisan progress on the CLARITY Act, urging clear digital asset rules to protect innovation, property rights and U.S. capital markets

Strategy founder Michael Saylor backs bipartisan progress on the CLARITY Act, urging clear digital asset rules to protect innovation, property rights and U.S. capital markets

𝕏/@saylor Β·

Explore the full feed

Comments

Up nextShipMonk breach exposes personal data of 13,689 Trezor customers; devices and private keys remain secure