The CLARITY Act Is Running Out of Time — Why Insiders Turned Bearish | BPH Ep 41

🎬 The CLARITY Act Is Running Out of Time — Why Insiders Turned Bearish | BPH Ep 41
With the July 4th deadline closing in, the odds of getting Clarity passed in a form the industry can accept are looking worse by the week. Ken Egan, Zach Cohen, and Zach Shapiro break down where the Blockchain Regulatory Certainty Act and the broader CLARITY Act stand, why the opposition has had too much time to rally, and what the final software-developer protections might actually look like. They also unpack Illinois' first-of-its-kind 0.2% digital-asset "privilege tax" and what it signals for...

➤ The CLARITY Act and BRCA face significant opposition, with a July 4th deadline looming, making passage in an industry-acceptable form increasingly unlikely due to lobbying efforts and political complexities.
➤ Illinois has introduced a 0.2% 'privilege tax' on digital asset transfers, including those to self-custodial wallets, which is viewed as a hostile policy and potentially unconstitutional, signaling a challenging environment for crypto businesses in the state.
➤ The discussion also touches on AI regulation, the SpaceX IPO, and geopolitical events, highlighting the intersection of technology, policy, and international relations, with a general concern about increasing government intervention and potential restrictions on innovation.

#CLARITY Act #BRCA #Illinois Digital Asset Tax Act #AI #SpaceX IPO #Anthropic #Fable #Iran #Bitcoin Policy Institute

Watch more