TFTC(@TFTC21):Alex Thorn on why the death of the Clarity Act isn't the end of the world: "The industry spent the last decade asking for rules and getting lawsuits. Now we have the opposite problem, which is a much better problem: a government willing to do the work and a limited window in which to prove the work was worth doing." The SEC, CFTC, OCC, FDIC, and DOJ have all moved in the industry's favor. The next two years are about building the record so when Congress returns to market structure, adoption is bigger and the case is stronger. "We may have lost the vote, but we didn't lose the argument."

2026.09.18 19:12

Alex Thorn on why the death of the Clarity Act isn't the end of the world: "The industry spent the last decade asking for rules and getting lawsuits. Now we have the opposite problem, which is a much better problem: a government willing to do the work and a limited window in which to prove the work was worth doing." The SEC, CFTC, OCC, FDIC, and DOJ have all moved in the industry's favor. The next two years are about building the record so when Congress returns to market structure, adoption is bigger and the case is stronger. "We may have lost the vote, but we didn't lose the argument."