⚖️ Crypto Industry Pushes Back on ‘Gensler-Era’ Provision in CLARITY Act
🧾 As the CLARITY Act heads into markup today, major crypto stakeholders are raising red flags over a controversial provision linked to former SEC Chair Gary Gensler.
📢 Industry leaders argue:
🔹 The provision adds regulatory uncertainty
🔹 It contradicts the bill’s intended goal of clarity
🔹 It risks stifling innovation in the U.S. digital asset space
🌐 With momentum building for sensible crypto regulation, this debate could shape how Web3 policy evolves moving forward.