Crypto Scenario Insights
What happened
White House officials and law enforcement groups are locked in negotiations over Section 604 of the CLARITY Act, which shields non-controlling blockchain developers from money-transmitter status.
What we think
The primary economic impact of this legislative battle is structural rather than immediate. From a capital flows perspective, a clear regulatory safe harbor for non-controlling developers would significantly de-risk vent…
Read the analysis
CLARITY Act's Developer Safe Harbor Faces Law Enforcement Pushback — Will DeFi Infrastructure Survive US Regulatory Tigh…
We explain what happened and what could follow. We do not forecast prices.