Industry perspective on token regulation: The Clarity Act has become bloated with too many provisions. Various lobbying groups keep pushing their own agendas into the bill, turning a focused piece of legislation into something overly complex. The core purpose should remain straightforward—establishing a clear classification framework for blockchain tokens. That's what matters most to the ecosystem. However, what's gotten lost is that the industry consensus centers on token classification standards, not tangential issues like Treasury yields. Adding unrelated provisions dilutes the bill's effectiveness and creates unnecessary friction. Sometimes less is more when it comes to legislation.