#CryptoRoundTableRemarks

🏛️ 1. CLARITY Act & regulatory pushback

The CLARITY Act, a 236-page House bill aiming to define digital assets, is encountering opposition—Democrats like former CFTC Chair Massad argue it could add confusion, preferring a collaborative SEC–CFTC approach .

Meanwhile, without legislative action, both the SEC and CFTC are expected to push forward with independent rule‑makings .

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🔍 2. SEC Task Force Roundtable insights

During recent SEC roundtable discussions, regulators and industry voices debated how to regulate DeFi, manage off‑chain agreements, and secure protocols .

The SEC is focusing less on banning crypto software and more on identifying risks and requiring clear disclosure .

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🗳️ 3. Legislative momentum: GENIUS Act

The GENIUS Act, a Republican-led stablecoin bill, is progressing in the Senate with bipartisan support .

Democrats are hesitant, citing conflict-of-interest concerns that might benefit the president and family financially .

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🏛️ 4. Crypto’s rising political influence

As Trump and MAGA figures increasingly support crypto—with events, summits, and advocacy—Democrats are also warming to regulation-focused engagement, though tensions remain over policy direction .