One year after the U.S. House passed the CLARITY Act to replace regulation by enforcement with clear rules, the bill remains stalled in the Senate due to banking opposition and partisan friction. Industry groups warn that stripping Section 604 will trigger First Amendment legal challenges and drive open-source developers out of the U.S. Political Headwinds []
Removal of CLARITY Acts Section 604 Could Spark First Amendment Battle, Industry Executives Warn
Bitcoin.com - 20 Jul 2026 17:05
One year after the U.S. House passed the CLARITY Act to replace regulation by enforcement with clear rules, the bill remains stalled in the Senate due to banking opposition and partisan friction. Industry groups warn that stripping Section 604 will trigger First Amendment legal challenges and drive open-source developers out of the U.S. Political Headwinds []
Share this Article
Recommended