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1/ Every week without the Clarity Act is another week U.S. consumers are without core federal protections. CCI is on the Hill outlining our newest two-pager on how Clarity can protect Americans and prevent another FTX. 🧵
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Crypto Council for Innovation
5.1K posts
Crypto Council for Innovation
@crypto_council
A global alliance of industry leaders dedicated to unlocking the promise of crypto.
Katılım Mart 2021
105 Takip Edilen25.1K Takipçiler
9/ The U.S. needs to protect consumers and the Clarity Act does exactly that. The time is now for the Senate to bring it to the floor for a vote.
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8/ CCI’s two-pager outlines the direct Clarity requirements and provisions that would have protected Americans against the FTX fraud and will protect the 67 million American crypto owners going forward.
Download:cryptoforinnovation.org/wp-content/upl…
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5/ FTX gave Alameda a backdoor exemption from FTX’s own risk engine, allowing Alameda to trade on FTX with preferential treatment. Clarity addresses this by prohibiting exchanges and their affiliates from proprietary trading on the exchange’s own platform and applies a mandatory and expansive conflict of interest framework.
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4/ Clarity requires customer digital assets be held with a qualified custodian meeting robust supervision and regulatory requirements. FTX held customer assets itself.
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3/ Under Clarity, customer assets must be treated as belonging to the customer at all times. FTX improperly spent customer money on venture investments, real estate, and to fund risky bets by its trading affiliate, Alameda. Clarity bars this through strict segregation, anti-commingling, and conflicts-of-interest safeguards.
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1/ Every week without the Clarity Act is another week U.S. consumers are without core federal protections. CCI is on the Hill outlining our newest two-pager on how Clarity can protect Americans and prevent another FTX. 🧵
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Crypto Council for Innovation retweetledi
This week is one of the most consequential for the CLARITY Act and the future of crypto in America.
@pmarca, @rhackett, and I discuss what the bill does, why it matters, and some common misconceptions.
a16z crypto@a16zcrypto
Crypto is at a pivotal moment. As Congress debates landmark market structure legislation, Marc Andreessen and Chris Dixon discuss the decisions that could shape where the next generation of financial infrastructure is built, and whether the United States remains the global leader in crypto innovation: 00:00 Intro 05:31 From crypto subculture to financial infrastructure 08:37 Why crypto needs rules now 12:20 The regulatory war on crypto 15:41 How CLARITY could prevent another FTX 22:42 Why criminals using crypto may be easier to catch 26:20 Privacy, blockchains, and the invention of HTTPS 30:41 Government ethics and crypto 34:52 The banking lobby’s stablecoin fight 37:05 Why every major bank is building on blockchains 41:04 Developer liability as a killshot 45:23 How CLARITY provides oversight 49:30 What happens if CLARITY fails? 50:50 Regulation vs. innovation 54:12 Why America should lead 55:36 What CLARITY could unlock @pmarca @cdixon @rhackett
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“While Congress debates whether to regulate digital assets, the rest of the world has stopped debating and started building.” Our CEO @_jikim in @rcpolitics on why the time is now for Clarity 👇
RealClearPolitics@RCPolitics
The World Is Writing Rules for Digital Assets – US Cannot Fall Behind realclearpolitics.com/articles/2026/…
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Crypto Council for Innovation retweetledi
Important message from former Sec. of Defense @MarkTEsper. CLARITY is critical for U.S. leadership. It is a global race, and the U.S. currently lacks clear federal rules, which are needed for innovation, consumer protection, nat’l security, and more. The time is now for CLARITY.
Dr. Mark T. Esper@MarkTEsper
Joined @TheWeekendMSNOW today to talk current events and discuss why the Clarity Act is a national security imperative. For years we’ve lacked clear federal rules for digital assets. Our financial system runs on American rails—that’s what keeps the dollar the world’s reserve currency. China is racing to rewrite those rails. We cannot let the Beijing decide who gets access, who dodges sanctions, or who sets the rules. This bill already passed the House with an overwhelming bipartisan majority. The stakes are clear: American leadership in technology that will shape our economic and strategic future. This week may be our last real window. Let’s get it done. #ClarityAct
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Congratulations to CCI member @circle on receiving a @NYDFS limited purpose trust charter. The New York trust charter underscores Circle’s continued commitment to the highest standards of safety, transparency, and compliance. This is an important milestone for our industry and for a forward-leaning, regulatory-first firm like Circle.
Circle@circle
Circle has received a limited purpose trust charter from the New York Department of Financial Services for Circle New York Trust. A meaningful step in strengthening the regulatory foundation behind Circle and USDC. circle.com/pressroom/circ…
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Thank you to CCI members @GalaxyHQ, @coinbase, and our friends at @bitcoinpolicy and @coincenter for co-hosting yesterday’s Summer Policy Reception.
We reflected on the progress made in DC while discussing the critical next steps ahead. We toasted regulators and policymakers in attendance leading on crypto policy, including SEC Chair Atkins, SEC Commissioner Peirce, White House’s Patrick Witt and Harry Jung, CFTC Chair Selig, Treasury officials, and Congressional staff.
The important work is not finished. Much more to come, and the time remains now for CLARITY.
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10/ The bottom line: capital, talent, and infrastructure are path-dependent. The longer Congress waits, the harder - and more expensive - it becomes to bring this industry home.
The time to pass CLARITY is now.
Our report: cryptoforinnovation.org/wp-content/upl…
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9/ But regulatory clarity works. Since the GENIUS Act and momentum toward the Clarity Act, we're already seeing repatriation, with companies coming back onshore. The transaction volume on U.S.- issued stablecoins is growing, reflecting the importance of a durable framework like GENIUS.
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1/ The time to pass digital asset market structure legislation, the Clarity Act, is now.
Data in our new report shows a stark picture: the center of gravity of the global crypto industry has already moved offshore, and without legislative action, it isn't coming back. 🧵
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