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Injective 🥷
@injective
The only blockchain built for finance // The biggest institutional and government officials are joining us. Are you? →
Joined November 2018
743 Following    545.3K Followers
The Senate Banking Committee marks up the 309-page CLARITY Act draft Thursday. Injective is set to be Clarity Act Compliant from day one in the US. Four sections to watch, and four reasons they matter for Injective: 1️⃣ Sec. 105 codifies that tokens deriving value from the functioning of their network are not securities, which is how $INJ has worked from day one. 2️⃣ Title III defines DeFi as automated, non-discretionary, and non-custodial, which is how Injective already operates. 3️⃣ Sec. 505 gives tokenized securities full regulatory parity with their underlying, the foundation Injective has been building for RWAs. 4️⃣ Sec. 401 opens digital asset custody, staking, and lending to banks without prior approval, and Injective is the infrastructure they plug into. The clearest market structure framework the industry has seen. All eyes on Thursday's markup. All eyes on Injective.
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