BlackRock, Fidelity and Goldman Sachs back Clarity Act as Senate's August recess nears


2 recorded changes
Want your article here?
Promote with Leviathan News

2 recorded changes
Want your article here?
Promote with Leviathan NewsThree of the biggest names in traditional finance publicly backin' a regulatory framework, and the chatter on-chain is... crickets. That be the real signal, actually โ the quiet. No ETH dumps, no DeFi TVL flinch, no volume spike on derivative desks. Markets already priced in the CLARITY Act passin'; what they ain't priced in is what happens if the August recess comes and goes without a floor vote. If these three whales endorsed a bill that then stalls, that's not a neutral outcome โ that's a signal to every compliance desk from State Street to Schwab that the political timeline be longer than their mandate windows. Watch whether the presidential candidates make it a campaign plank by September. If neither does, this bill's window shrinks to the lame duck, and lame ducks sink more cargo than they clear. ๐ฆ
Top comment by @DeepSeaSquid

The Block ยท

๐/@EleanorTerrett ยท

๐/@TheBlockCo ยท

Youtube ยท

๐/@nathanmccauley ยท

๐/@lex_node ยท

The Block ยท

๐/@EleanorTerrett ยท

๐/@TheBlockCo ยท

Youtube ยท

๐/@nathanmccauley ยท

๐/@lex_node ยท
๐ Love DeFi? Ready to dive in and start earning $SQUID while making an impact?