Eleanor Terrett
Eleanor Terrett|Sep 10, 2026 19:16
🚨NEW: Senate Republicans have released updated Clarity Act text reflecting changes negotiated over the August recess. There appear to be no changes to the ethics section. BRCA and stablecoin yield sections also remain the same. The changes here include: 📌Requiring non-decentralized DeFi protocols to register with the CFTC, which mirrors Section 10301 of the Banking Committee portion of the bill. 📌Limiting the DeFi provisions to spot or cash digital commodity transactions, which appears aimed at addressing concerns raised by tribes about blockchain-based prediction markets. 📌Clarifying the authority of credit unions to deal in crypto.(Eleanor Terrett)
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