Why the Clarity Act Could Decide America’s Financial Future w/ John Deaton

Bitcoin Magazine

Why the Clarity Act Could Decide America’s Financial Future w/ John Deaton

The Senate is voting today, but not on what most people think. John Deaton joins Grace Remington and Sean Hagan to break down why the Clarity Act cloture vote is really a vote on whether to even debate the bill, and why 53 Republican senators aren’t enough to get there. He explains the math behind needing eight to ten Democrats, where Josh Hawley and Rand Paul stand, and what happens to American digital asset companies if Congress stalls again. Deaton also makes the case that the U.S. is still regulating blockchain with 1930s statutes.

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

This post Why the Clarity Act Could Decide America’s Financial Future w/ John Deaton first appeared on Bitcoin Magazine and is written by Patrick Green.

spot_imgspot_img

Latest News

Best Bitcoin Blockchain Visualizers for Home and Office

Discover the best Bitcoin blockchain visualizers, explorers, and art-first interfaces for your home and office, featuring tools like Mempool.space, ExploreTimeChain.com, Symphony, and more.

CFTC Introduces Fresh Cryptocurrency Regulations

The U.S. Commodity Futures Trading Commission has introduced new regulatory guidelines allowing domestic cryptocurrency exchanges to voluntarily join a federal framework while major legislation remains stalled in Congress.

IMF Commends El Salvador While Urging Bitcoin Rollback

The International Monetary Fund approved a $139 million payout for El Salvador while urging the nation to scale back its state involvement in Bitcoin-related activities and halt further accumulation beyond donations.

Absa is First African Bank to Offer Bitcoin Custody: Report

South African financial institution Absa has become the continent's first bank to provide bitcoin custody solutions, catering initially to institutional clients with plans to add more digital assets later.

Bitcoin Tops $87,000 Following Weaker US Jobs Report

Bitcoin surpassed $87,000 during Friday morning trading, driven by steady exchange-traded fund activity and a weaker-than-expected U.S. jobs report indicating higher unemployment.
spot_imgspot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here