$BNB Criticisms & Concerns of clarity act

Insider Advantages: Critics argue the Act tends to favor established crypto firms by codifying their existing uncertain model, potentially allowing conflicts of interest (e.g. exchanges investing in projects they list).

Consumer Protection Debate: Some Democrats—including Rep. Maxine Waters—warn the bill lacks safeguards and may prioritize industry over investor rights, especially amid concerns about lobbying influence under the Trump administration.

Regulatory Gaps: Observers like former CFTC Chair Timothy Massad argue the Act may sow more confusion by expanding SEC authority in some areas rather than fully resolving overlapping enforcement.