$DUMP
Fading QuicklySnapshot Window: 2026-07-17 19:40 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 1, Retweets: 3, Likes: 12, Impressions: 317
Verbatim Community Citations & Social Evidence 1 source posts analyzed
BRUTAL The CEO of the Blockchain Association states about the Clarity Act: "I am very optimistic that in the coming days we will reach that agreement." [Spoken audio]: You and other members of the Financial Services Committee are in New York to hold a field hearing on this bill. What can you tell us about the Clarity Act? This is our opportunity to put real and substantive legislation on the floor and provide regulatory clarity in the digital assets space. Again, this is an example of the House doing its job. We passed this now approximately a year ago. The Senate has been struggling to move this forward. I'm optimistic that we get this across the line next week in the United States Senate. But it's absolutely essential that the United States sets the gold standard for regulations in the digital asset space, that we unlock so much capital, human capital and financial capital that will come into these markets in the United States of America in a regulatory regime that protects consumers. Clarity does that. It's past the House. It's time for the Senate to act. Well, I mean, the Senate is wrangling with Democrats over the language on ethics, Congressman. You know that. that are concerned about the broader ethics reforms and I think that there is a need to look at this. Actually, it should be supportive of the bill. If an individual is concerned about how meme coins were treated under President Biden's appointment of Gary Gensler, all the more reason to move forward, Clarity, to put a regulatory structure in place to make sure that we're regulating good and bad actors. The good actors in the space want the bad actors to be regulated. We all want the bad actors out. The Clarity Act provides a regulatory environment to be able to do just that. And so the individuals that grandstand on the on the ethics side should be more supportive than anyone else about moving clarity across the line. All right, we will leave it there.