Crypto Players Criticize CLARITY Act Section
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Business & Economics
Crypto Stakeholders Raise Concerns Over ‘Gensler-Era’ Provision in CLARITY Act

68% Informative
Some crypto stakeholders have voiced out against a provision in the CLARITY Act ahead of the markup phase, which is holding today .
The section gives the SEC the power to determine on an individual basis what tokens classify as securities.
These critics argue that this approach reintroduces uncertainty that the bill is meant to resolve.
Meanwhile, eight crypto firms, including Uniswap , have shown support for the addition of the BRCA .
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