CLARITY Act Ignites Debate Over 'Digital Dollar' Compensation in U.S. Crypto Market

CLARITY Act Ignites Debate Over 'Digital Dollar' Compensation in U.S. Crypto Market

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The CLARITY Act, initially proposed to establish clear regulatory guidelines for the U.S. crypto market, has evolved into a significant point of contention. The legislation is now perceived as a proxy war, specifically addressing who will be responsible for compensating Americans holding 'digital dollars,' highlighting ongoing regulatory complexities and power struggles within the digital asset landscape.

The fight over CLARITY has always been sold as a battle for rules, a way to finally give the U.S. crypto market a clean lane to run in. That story still matters. The past week made something else clearer: the legislation is becoming a proxy war over who gets to pay Americans for holding digital […]

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