BIP-110 Fails as CLARITY Act Vote Looms, Former Defense Secretary Emphasizes National Security Implications
BIP-110 Fails as CLARITY Act Vote Looms, Former Defense Secretary Emphasizes National Security Implications
The BIP-110 proposal has ultimately failed, described as forking itself into oblivion. Concurrently, the CLARITY Act is slated for a Senate vote in September, with expectations of a negative outcome. Further emphasizing its significance, former US Defense Secretary Mark Esper has characterized the CLARITY Act as a critical national security bill, not merely financial services legislation.
BIP-110 forks itself into oblivion with a “2-block chain” and CLARITY will finally get a Senate vote in September. The odds say that vote will be a No.
Former US Defense Secretary Mark Esper says the CLARITY Act is not merely a financial services bill, its a national security one.