$LEGBEAUTY
Fading QuicklySnapshot Window: 2026-07-18 23:40 UTC · ← Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
Japan isn't waiting for the US on crypto. And if the US doesn't act, other countries will. @KristinSmith of @SolanaInstitute tells @RemyBlaireNews the Clarity Act has bipartisan support on Capitol Hill, with the need to get ahead of China a message that "really does resonate [Spoken audio]: do you want to get your perspective on what's happening with the regulatory landscape around the globe? China has been anti-crypto for years, but whenever Trump brings up crypto, he seems to mention a race with China. And we've also seen Japan go full steam ahead this week on crypto, classifying tokens as financial assets and approving Bitcoin ETFs. So take us through this global race to lead on crypto. Yeah, well, I think, you know, it's an interesting thing with technology right? It is not something that you know one country can stop from happening you know there's a world out there there are a lot of different governments a lot of different regulatory environments and you know the what we see going on with Japan like they're not waiting for the US and I think if the US doesn't put these foundational rules in place that allow for the technology to flourish other countries will and then we're going to be behind I mean I think for a long time the US has been number one in tech it's been number one in finance I think we want to keep it that way. And in order to do so, we need to make sure that we can modernize our markets and the way that we trade and issue assets. And so I think there's a real opportunity here. I think Donald Trump was talking about late last week, getting the Clarity Act done and cited the need to get ahead of China. And so I think this is a message that really does resonate with both sides of the aisle on Capitol Hill and is one of the reasons why Congress and the the White House is so eager to get this done.