The Senate blocked the Clarity Act 49-50 on Tuesday. By Thursday the SEC had published a tokenized-stock exemption its chairman tied to that defeat, on terms a future chairman can withdraw without a vote.
Perspective Coverage
7 publishers
- Builder
- Builder 21%
- Operator
- Operator 40%
- Investor
- Investor 39%
Reality
- Evidence70
- Adoption25
- Hype gap+20
- Incentives60
- Confidence65
Three federal agencies moved on crypto rules within 48 hours of the Senate's 49-50 vote that stalled the Clarity Act. Only the stablecoin rules sit on a statute, so businesses using the SEC and CFTC relief hold permissions a later administration can withdraw.
Reality
- Evidence52
- Adoption
- Not scored
- Hype gap+10
- Incentives55
- Confidence55
Blockchain Association Names Founder Kristin Smith Interim CEO as Mersinger Departs Days After Senate's 49-50 CLARITY Act Vote
Blockchain Association founder Kristin Smith returns as interim CEO on October 17, days after the CLARITY Act failed a 49-50 Senate cloture vote. For investors waiting on a market-structure law, the Senate count matters more to the timetable than the change at the top.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+5
- Incentives40
- Confidence55
Kristin Smith becomes the Blockchain Association's interim CEO on October 17 and keeps her job as president of the Solana Policy Institute. The industry-wide group will share its chief executive with one chain's lobby while the Clarity Act sits stalled in the Senate.
Perspective Coverage
3 publishers
- Builder
- Builder 13%
- Operator
- Operator 45%
- Investor
- Investor 42%
Reality
- Evidence72
- Adoption
- Not scored
- Hype gap+15
- Incentives60
- Confidence70
Crypto issuers ask the SEC for ETF efficiencies while keeping their commodity-trust structures
The novel-ETF comment file closed Monday with a16z, Grayscale, Schwab, Chainalysis and Kalshi arguing past each other, and only Schwab attached a number to its ask: 75 days of public filing before effect.
Reality
- Evidence57
- Adoption24
- Hype gap+13
- Incentives84
- Confidence45