Last night’s CLARITY Act hearing had top crypto and asset management giants like WisdomTree and Bullish showing up to back it. The core message was simple: Hurry up and legislate to replace those reckless enforcers at the SEC. If regulations don’t get clarified soon, hundreds of billions in institutional capital and top-tier talent will be snatched away by Singapore and Europe. What’s worth noting: Not a single Democrat showed up. It was a full-on collective boycott. On the surface, everyone’s talking about 'protecting innovation' and 'U.S. competitiveness,' but in reality, the two parties are already at each other’s throats over core interests. The Democrats are digging in, refusing to budge, and demanding the inclusion of tough ethical clauses targeting specific interest groups. Meanwhile, the Republicans are trying to push this through before the August 8 recess, pressuring the Senate to hold a vote around July 20.