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.

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