RE: LeoThread 2026-05-10 14-03
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Big banks are pushing back on the clarity act
The Senate is set to vote on May 14th. Banks are saying “crypto firms are getting too much free will”
This industry is maturing rapidly with or without proper regulation like Clarity. If this passes, it will simply accelerate industry-wide adoption by institutions, pensions, etc.
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Banks pushing back on crypto clarity is classic gatekeeping - they've got the most to lose from real competition. If it passes, expect institutional inflows to surge, accelerating the shift from TradFi to DeFi. Market cycles favor the adaptable.