Amended CLARITY Act Bill Frustrates the Crypto Community: Who Really Benefits?

The release of the bipartisan crypto market structure bill text on Monday has left much of the crypto community dissatisfied. Most critics have directed their frustration at banking lobbyists. However, a smaller group argues that the real beneficiaries are large crypto firms that were expected to advocate for the industry’s broader interests. Crypto Reacts to a 278-Page Proposal After months of negotiations, Senate Banking Committee Chairman Tim Scott released the text of a negotiated bill outlining a framework for the crypto market source: https://beincrypto.com/clarity-act-amendment-controversy/