CLARITY's clock is brutal, Chainlink Labs' Katherine Kirkpatrick Bos laid out on DEX in the City: Cloture isn't until Sept. 15, the Senate is then out nearly all of October, and even a Senate "yes" still has to be reconciled with the House — "a very, very, very narrow window."

CLARITY Act Hits New Roadblock as GOP Support Cracks Sen. Josh Hawley said he will oppose the CLARITY Act unless stronger protections for community banks are added. He warned stablecoin driven deposit flight could hurt small banks and agricultural lending. The bill needs 60 Senate votes to advance, making every Republican vote critical. Majority Leader John Thune still hopes to hold a floor vote before recess. Source: Politico

Clarity act would give banks statutory authority to use digital assets and distributed ledgers without prior notice or approval needed, ranging for custody, staking and lending. This is a big TAM expansion for crypto.

Clarity is within sight. Now the Senate needs to hear directly from the companies and voters who want Congress to finish the job. Send a personalized letter urging the Senate to bring the Clarity Act to the floor:

Clarity aside, there’s a strong crypto policy focus surrounding taxes right now @SummerMersinger CEO of @BlockchainAssn breaks down the Illinois tax situation during the @Injective Summit.