The CLARITY Act Stalling Is Positive for the Crypto Industry: Analyst
The dramatic stalling of the CLARITY Act could ultimately benefit the crypto industry, according to prominent analyst Michaël van de Poppe, who warns that the current draft overreaches into decentralized finance (DeFi) and yield-bearing stablecoins. Coinbase’s abrupt withdrawal of support triggered White House frustration, but van de Poppe sees prolonged negotiations as the optimal path forward for blockchain technology innovation. Coinbase draws…