The U.S. under the Trump Administration has a powerful Agenda “To Make America the Crypto Capital of the World” words often spoken by the 47th President of the United States of America and ones that are followed by tangible actions. Last year the administration passed the Crypto “Genius Act”, bringing much needed clarity to the Stablecoin space and putting a line in the sand to banking giant detractors. The President has since called for banks to be proactive and make deals with the crypto industry rather than trying to undermine it.
If the Genius Act’s most notable achievement was Stablecoin clarity then you can think of the The Clarity Act’s mainstay achievement as broader digital assets clarity, oversight and framework, allowing the crypto firms to build with clarity and ending the “regulation by enforcement” which has seen many a pointed case erected against business founders in the industry.
Whilst the act is still yet to pass, alongside the existing Genius Act it could be the final piece to achieving the President’s agenda of “Making America the Crypto Capital of the World”
