BlackSkyEquity

While a vote is scheduled for the 15th, odds suggest we will encounter more delays and could see this slip into 2027.

Even though Crypto is intertwined with AI, politicians are failing to see the leadership role that America needs to play and shape this industry. Lobbying by the banking industry who now see the threat posed to them, have awaken from their slumber and are working overtime to slow down the growth of crypto while they build out their systems to compete in the new financial era that’s silently barreling down upon them. The disruption in banking and finance will be so colossal that 10 years from now we’ll look back and see blockchain as one of the biggest disruptions in finance in 50 years.

While the financial industry plays down the crypto industry, that is only for the public, behind the scenes they are in panic mode. Go behind the curtain and research all the projects that JP Morgan and others have embarked upon.

Even though Clarity might not pass in 2026, the Trump Administration is committed and is working with various agencies to form a framework that will serve as temporary roadmap in place of Clarity.

The Clarity Act reaches a key milestone with a compromise on “rewards”. Banks caught off guard with the rapid advancement of crypto have been fighting tooth and nail to ward off competitors who’ve been eating away at banks business.

No longer are consumers willing to put up with negligeable interest payments on their funds in accounts. Online banking and crypto related products have slowly drawn away customers from banks with the ease of electronic transfers to greener pastures like coinbase.

The newly worded legislation is a compromise to banks that recognizes the balance thats needed with these emerging technologies and traditional banking as they emerge into a new finance era.

Its critical that the markup passes out of the Senate Banking Committee and head to the Senate to pass in order to get it on the Presidents desk by July 4th.

Failure to do so could be catastrophic with there not being adequate legislative days remaining and could be postponed until after the 2030 elections.