$LIT
Trending UpSnapshot Window: 2026-07-08 01:40 UTC · ← Back to Crypto Overview
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Total Engagement - Comments: 11, Retweets: 4, Likes: 34, Impressions: 4351
Verbatim Community Citations & Social Evidence 2 source posts analyzed
On the Clarity Act and challenges of building in the US, @wagmiAlexander , CEO of @DromosLabs , says, "We have to protect the ability of developers to go out and build with clarity and to know if they do things right, this will not ruin their lives" [Spoken audio]: I'm curious, what are your thoughts on the Clarity Act giving the definitions of what is a security token, what is a digital commodity, and what do you think the Clarity Act will mean for tokens? I frame this probably primarily through the lens of a thought American builder who started building in the exact moment that the United States had this kind of knee-jerk reaction right, in the wake of FTX and that no matter how hard you may try to do things right, there was no assurance that you would not be sued by your government or, of course, much worse outcomes of being arrested. And I'll never forget the conversations that when we scraped together enough money to eventually start talking to lawyers and we were trying so hard to do things the the right way, right? And he's not selling tokens and not extracting on the word was saying, please just tell us what to do to be safe, right? And they would say, we can't tell you. And so the main thing for me around clarity is protecting developers, because we have to if this industry is going to succeed, and the United States is going to play a large role in it, we have to protect the ability of developers to go out and build with clarity and to know if they do things right, you know, this will not ruin their lives. See, I think institutional side has been looking for this kind of clarity and certainty from, you know, the global economic edgment on how it's gonna treat these things. And that will unlock a ton of participation from some of the largest capital sources in the world. It will unlock new asset types. that will bring new builders on board, which is all great. It's like supercharging the on-chain economy.
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