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.
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