More than a year ago, the House passed the Clarity Act.
There’s been progress since — thousands of hours of bipartisan negotiations took place at the staff and Member levels. The Senate Committees on Banking and Agriculture advanced their respective titles. And Senate Republicans produced a floor-ready product that, as I type this, is waiting for a vote.
It’s disappointing — but not surprising — that Senate Democrats are choosing politics on the cusp of a major victory for American leadership. Find another instance in history where Congress, when given the choice, opted to push an industry out of the United States rather than smartly regulate it. American Exceptionalism was once a bipartisan goal; if Clarity fails, I have serious doubts.
These same Democrats — many of whom have taken millions of dollars from the crypto industry — proclaim that Clarity lacks safeguards for consumers and falls short in countering illicit finance. Nothing could be further from the truth. Titles II and III materially uplift regulatory and compliance obligations for digital asset intermediaries, placing them on similar footing with traditional financial institutions. The Blockchain Regulatory Certainty Act — which Washington lobbyists have spun up as a boogeyman for certain groups of prosecutors and law enforcement — does nothing other than codify longstanding Treasury Department policy that’s remained consistent across Administrations: non-custodial builders and developers are not, and have never been, subject to registration obligations under the Bank Secrecy Act. And at this point, major law enforcement trades that once opposed the bill, including the Fraternal Order of Police, have now endorsed it.
The Senate needs to vote NOW on this landmark legislation. The truth is that Senate Democrats are afraid to advance the Clarity Act as they fear Senator Warren and the “Anti-Crypto Army” she once promised to build. In the days ahead, Leader Thune will put this theory to the test. Will Senate Democrats be on the side of American Exceptionalism, or will they opt to cede American leadership of a global industry for fear of the bespectacled squirrel’s Left flank?
America will lead or America won’t. It’s not more complicated than that. I believe Satoshi once said it best:
“If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.”
JUST IN: $15 trillion BlackRock CEO tells CNBC that Bitcoin has "more stability at these levels" and is "very bullish on the market over the next 12 months" 🚀
Le Paris Saint-Germain remercie Gonçalo Ramos pour son professionnalisme, son engagement et sa contribution aux nombreux succès du Club, et lui souhaite le meilleur pour la suite de sa carrière. ❤️💙
Je suis tellement choqué par notre comportement !!! Mais tellement 😭
Nous participons tous autant qu’on y est à notre propre extinction !!!! Doucement mais sûrement 😭
Changeons les choses
#fêtedelamusique
@dburkli@Mairie9Paris SImple question, face au monde attendu, cela était connu, car c'était la même l'année dernière, il n'est pas possible de prévoir une task force pour mobiliser plus de personnel pour le nettoyage? @MParisCentre également? En tout ça ça amuse bien les touristes
@ArielWeilT@ludovicf_off@FranckGuillory simple question quand on a événement de ce type d’attendu dans l’arrondissement est ce que vous vous organisez en conséquence?
Car la il est 9h et comme l’année dernière c’est très compliqué dans paris centre
A une époque j’avais le sentiment que tout était nettoyé au réveil?
Cuanto de loco es que una subred con "pocos meses de vida" es un 82% más rápida que un laboratorio convencional.
@theminos_ai analizó 37.000 variantes genéticas del cromosoma 21 en 11 días.
Un laboratorio tradicional necesita 65.
Y la red mejora sola con cada análisis.
+10% de rendimiento entre evaluaciones.
De forma continua.
Sin parar.
Un efecto de bola de nieve.
Hay gente ahí fuera diciendo que $TAO no tiene casos de uso reales.
Imagínate estar en ese barco ahora mismo.
Pase lo que pase con el precio,
estamos en el lado bueno de la historia. $TAO