2026-01-15 13:43:41

U.S. "Clarity Act" Sparks Widespread Criticism in the Crypto Industry

Originally, this bill was expected to be a hopeful guide for the Web3 ecosystem, appearing as a framework to streamline regulation. However, once the full version from the Banking Committee was revealed, the entire industry exploded.

Where's the problem? It's hard to pinpoint exactly. The requirements imposed on Web3 projects and related institutions are so strict that calling them "onerous" seems mild. Almost every clause hits a nerve for certain groups, offending everyone in the process.

What is the most painful change? The new definition of tokens. This revision directly overturns the industry's understanding of token nature. The new definition imposes constraints on project compliance that are suffocating.

From capital providers, developers, exchanges, to ordinary investors, no one feels satisfied. Originally seeking a clear regulatory guide, they received a contradictory "big package" instead. This move has put all participants on the back foot, with many projects even re-evaluating their compliance strategies.

It seems that the path to crypto market regulation is far from smooth as imagined.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
5
Repost
Share

Comment

0/400

MetaverseHomeless

· 7h ago

Another one of these "one-size-fits-all" things, it's really damn outrageous. The promised clarity turned into what exactly? It offended everyone directly. This change to token definition is basically ruining all projects. Compliance? Ha, now no one knows how to be compliant anymore.

View OriginalReply0

rekt_but_vibing