Time to scaremonger for Clarity as Sen Lummis Warns Democrats Must Pass CLARITY Act To Keep Crypto In US (Fox Business) but it’s an uphill battle methinks when the Dem base is utterly deranged by Trump and the President has not done himself any favours by appearing to be in bed with crypto to his family’s vast financial benefit.
It’s amusing though looking at the panic mongering being delivered as the alternatives are Switzerland and Singapore. Er… in other words, the old bogeyman of the last round of Biden-era scaremongering, the Europeans have removed themselves from the table. Nobody takes socialist Britain seriously, and now it’s the Lion State (where FTX’s shadow means they will regulate hard at all times).
Net net: Desperation has crept in as Clarity is not going to pass. Elsewhere in Clarity comment:
Crypto ‘Will Be Fine’ Even If Clarity Fails To Pass This Week, Bitwise CIO Matt Hougan Says
The Block
Coinbase CEO Says America Needs CLARITY Act: ‘It’s A Win For The Future Of America’
Trading View
And a WSJ Op-Ed: Opinion | Clarity For Crypto, Sort Of (WSJ).
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