Cody Carbone
@CodyCarboneDC
CEO @DigitalChamber - the world’s largest digital asset trade association
Girl Dad x 2 💪🏻 | DC but always repping NJ
1.7K Following 6.6K Followers
Clarity from the @CFTC !
Software providers that build tools connecting users to registered FCMs/DCMs no longer have to register as brokers just for building the interface.
This removes a major regulatory ambiguity that's chilled software innovation in derivatives markets.
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Wake up babe, the SEC/CFTC has a new press release
"The banks needed this bill ... this is a good bill for them ... it allows them to interact permissionless blockchains for the first time. I am shocked that they went all in on tanking this bill," @CodyCarboneDC .
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Who Killed the Clarity Act?
See you soon @laurashin !
The Clarity Act got 49 votes. It needed 60.
Digital Chamber CEO @codycarbonedc joins me to sort out who sank crypto's market structure bill (Senate Dems, Trump's crypto ventures, or the banks) and whether it gets a second life.
Live 9am ET
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Grateful to our member @avax for hosting our CEO, @CodyCarboneDC, on stage today at the Avalanche Summit alongside fellow DC advocacy leaders to discuss what went wrong — and what's next — for the Clarity Act.
Thanks to @nikhileshde of @CoinDesk for moderating!
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Good morning we are starting the day with @USTreasury because work never stops at @DigitalChamber
Clear tax rules are key to U.S. leadership in digital assets. TDC applauds the House Ways and Means Committee for advancing the Digital Asset Tax Certainty Act, moving us closer to the framework the industry needs to keep building and innovating.
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We've been doing some stuff for years now.
Want us to do more?
Disappointed, not defeated. Politics beat policy today, which is becoming all too common in DC.
We advocate for good policy and U.S. leadership for blockchain technology at the @DigitalChamber.
Nothing about today’s vote changes that.
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Today's setback only reaffirms our determination to fight for comprehensive digital asset regulation. The Clarity Act is essential to American innovation and consumer protection. We remain fully committed to this cause until the bill passes and America leads globally.
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Very excited to join @AradChen and @CodyCarboneDC in NYC tomorrow at @Solidus_Labs’s DACOM summit for a timely discussion on the Clarity Act and the path forward 🇺🇸
“Cautiously optimistic” as we count down to the Senate procedural vote on the Clarity Act. @CodyCarboneDC weighs in ahead of this afternoon’s vote 🗳
Today, @DigitalChamber along with @BlockchainAssn and @Crypto_Council respectfully call on every Senator to vote YES. Our joint statement:
Joining @RemyBlaireNews this morning:
- Jeffrey O'Connor, Liquidnet
- @CodyCarboneDC, @DigitalChamber
- David Busch, Trajan Wealth
Plus, more from #Money2020MiddleEast#!
Data > False Narratives.
The claim that stablecoin yield hurts bank lending doesn't hold up. See the numbers for yourself, courtesy of the @WhiteHouse.
Thanks @DigitalChamber @CodyCarboneDC for inviting me to talk about tokenization today!
Great talking CLARITY with @LindaLacewell @okx today @DigitalChamber 🙌 incredible how far we’ve come! 🇺🇸
Disingenuous to its core. Bad faith from the start.
Banking trades now say they don't trust Sec. Bessent to protect the economy from deposit flight.
Let’s be honest now. It was never about deposit flight. It’s about killing competition.
Pass the CLARITY Act.
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🚨NEW: Eight banking trade groups say the deposit flight “circuit breaker” added to the new Clarity Act text is “not a safeguard at all,” arguing it would only kick in after substantial deposit flight had already occurred.
In a letter to Senate leaders, the groups call for further tightening of the stablecoin rewards language to close what they describe as loopholes that could still allow interest-like payments on stablecoin balances. Their core ask remains essentially unchanged.
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Let’s keep going.
“Cloture on the motion to proceed” = a vote to start debating Clarity.
Next: Senate returns Sept 14, votes to open debate, then debates/amends it, then holds a final passage vote.
Several steps still remain before it becomes law, but this is the first.
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