Monday, August 3, 2026
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

CLARITY Act Could Clear This Year, Solana Policy Institute Says—But 4 Demands Remain To Be Met

by SB Crypto Guru News
June 10, 2026
in Crypto Updates
Reading Time: 3 mins read
0 0
A A
0


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Kristin Smith, President of the Solana Policy Institute and CEO at the Blockchain Association, urged the US Senate to pass the anticipated CLARITY Act on Tuesday, while emphasizing four specific priorities she said must be addressed before the bill receives a full vote. 

Protect Developers, Target Bad Actors

Speaking on social media site X (formerly Twitter), Smith framed the legislation as a chance to strengthen legal clarity around how public blockchains operate—particularly for the developers and infrastructure providers who build and maintain the open-source systems.

In a letter published on Tuesday,  signed by more than 60 leading CEOs and founders, the industry calls on the Senate to move forward with the CLARITY Act while preserving what Smith described as robust developer protections. 

According to Smith, Protecting developers sits at the center of Solana Institute’s mission. She said public blockchains depend on open-source contributors who write, maintain, and improve the code that runs them. 

Because these engineers typically publish software that can be downloaded and used by anyone, she argued that they do not directly hold money, do not have the ability to freeze accounts, and do not move funds. 

Smith also argued that strong developer protections do not weaken enforcement. Instead, she said that through the potential passage of the CLARITY Act, they could make enforcement more effective by creating clearer lines between different participants in the market. 

When the law clearly distinguishes between intermediaries that custody assets or control transactions, bad actors, regulators, and prosecutors can focus their attention on the parties she described as actually responsible for illicit conduct—such as those custodying funds, operating platforms, or facilitating wrongdoing.

CLARITY Act With BRCA Intact

In her message, Smith pointed specifically to the Blockchain Regulatory Certainty Act (BRCA) as a key element of that approach. Smith said the BRCA provides legal certainty for noncontrolling software developers and infrastructure providers who do not custodian assets or control user transactions. 

Smith also referenced a separate letter released by the Blockchain Association, saying that last week, 160 former national security, intelligence, and law enforcement professionals made a similar argument: that “clarity is an enforcement advantage.” 

In her account, clearer rules help keep legitimate activity onshore and provide prosecutors with better tools to target bad actors, rather than creating uncertainty that discourages compliant development.

In Smith’s view, the core objective is not simply to pass a bill, but to ensure it leads to meaningful certainty for builders. She warned that if developer protections are weakened, the broader CLARITY Act could fall short of one of its most important goals—giving responsible builders confidence to work in the United States. 

Smith concluded that the Senate should pass the CLARITY Act with the Blockchain Regulatory Certainty Act intact. She summarized her position as a straightforward set of goals: protect developers, target bad actors, preserve open-source innovation, and maintain US leadership in the crypto sector. 

CLARITY Act
The daily chart shows the total crypto market cap at $2.12 trillion. Source: TOTAL on TradingView.com

Featured image created with OpenArt; chart from TradingView.com 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

Tags: ActBitcoin NewsClarityClearCrypto NewsCrypto UpdatesDemandsInstituteLatest News on CryptoMetpolicyRemainSaysButSB Crypto Guru NewsSolanayear
Previous Post

Bitcoin Price Back Under Pressure After Recovery Hopes Fade

Next Post

Ethereum Price Looks Vulnerable Again After A Failed Recovery Attempt

Related Posts

ZEC Just Surged Past 0 — Here Is What’s Driving the Rally

ZEC Just Surged Past $490 — Here Is What’s Driving the Rally

by SB Crypto Guru News
August 3, 2026
0

Key TakeawaysZcash jumped nearly 5% past $490 following Nym’s Ironwood pool adoption.ZEC’s rally lifted the total market capitalization of privacy...

Strategy Completes Third Bitcoin Sale of 2026, Keeps 842,138 BTC – Bitcoin News

Strategy Completes Third Bitcoin Sale of 2026, Keeps 842,138 BTC – Bitcoin News

by SB Crypto Guru News
August 3, 2026
0

Key TakeawaysStrategy sold 1,638 BTC and still holds 842,138 BTC as of Aug. 2, 2026.Michael Saylor raised Strategy’s USD reserve...

Robinhood Secures UK Crypto License, But Faces Stiff Competition

Robinhood Secures UK Crypto License, But Faces Stiff Competition

by SB Crypto Guru News
August 3, 2026
0

After a series of false starts that must have left British investors feeling somewhat jilted, Robinhood has finally secured the...

Backpack Exchange Lists TRX Spot And Perpetual Markets

Backpack Exchange Lists TRX Spot And Perpetual Markets

by SB Crypto Guru News
August 3, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Backpack Exchange has listed TRON for both...

Solana Holds Near  As ETF Flows And Ecosystem Pilots Stay In Focus

Solana Holds Near $73 As ETF Flows And Ecosystem Pilots Stay In Focus

by SB Crypto Guru News
August 3, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Solana traded near the $73 area as...

Load More
Next Post
Ethereum Price Looks Vulnerable Again After A Failed Recovery Attempt

Ethereum Price Looks Vulnerable Again After A Failed Recovery Attempt

Ethereum Leverage Resets To 2025 Levels – Binance Sends A Warning

Ethereum Leverage Resets To 2025 Levels – Binance Sends A Warning

  • Trending
  • Comments
  • Latest
AI Giants Unleash 4 Frontier Models in 3 Weeks as the Race Enters Overdrive

AI Giants Unleash 4 Frontier Models in 3 Weeks as the Race Enters Overdrive

July 26, 2026
Saylor and Strategy Officially Back CLARITY Act for US Crypto

Saylor and Strategy Officially Back CLARITY Act for US Crypto

July 31, 2026
SUI Prints Bullish Flag Pattern As Traders Watch For Breakout

SUI Prints Bullish Flag Pattern As Traders Watch For Breakout

July 18, 2026
How to Track Your Brand’s AI Visiblity in 2026 

How to Track Your Brand’s AI Visiblity in 2026 

August 1, 2026
The .2 billion options wall came down, and this time Bitcoin actually moved

The $1.2 billion options wall came down, and this time Bitcoin actually moved

July 21, 2026
Ironwood Goes Live as Zcash Locks Down Orchard and Forces a .8B Migration

Ironwood Goes Live as Zcash Locks Down Orchard and Forces a $1.8B Migration

July 28, 2026
ZEC Just Surged Past 0 — Here Is What’s Driving the Rally

ZEC Just Surged Past $490 — Here Is What’s Driving the Rally

0
How to Turn Curiosity Into Clicks (and Clicks Into Money) in Every Marketing Email You Send

How to Turn Curiosity Into Clicks (and Clicks Into Money) in Every Marketing Email You Send

0
Ripple’s Tightest Escrow Unlock Ever: What Does it Mean For XRP Price in August?

Ripple’s Tightest Escrow Unlock Ever: What Does it Mean For XRP Price in August?

0
Solana Holds Near  As ETF Flows And Ecosystem Pilots Stay In Focus

Solana Holds Near $73 As ETF Flows And Ecosystem Pilots Stay In Focus

0
XRP Ledger Sponsored Fees Proposal Could Make XRP Less Visible To Some Users

XRP Ledger Sponsored Fees Proposal Could Make XRP Less Visible To Some Users

0
Researchers just uncovered 4,200 malicious smart contracts that successfully tricked 5,700 victims into signing away their crypto

Researchers just uncovered 4,200 malicious smart contracts that successfully tricked 5,700 victims into signing away their crypto

0
ZEC Just Surged Past 0 — Here Is What’s Driving the Rally

ZEC Just Surged Past $490 — Here Is What’s Driving the Rally

August 3, 2026
How to Turn Curiosity Into Clicks (and Clicks Into Money) in Every Marketing Email You Send

How to Turn Curiosity Into Clicks (and Clicks Into Money) in Every Marketing Email You Send

August 3, 2026
Researchers just uncovered 4,200 malicious smart contracts that successfully tricked 5,700 victims into signing away their crypto

Researchers just uncovered 4,200 malicious smart contracts that successfully tricked 5,700 victims into signing away their crypto

August 3, 2026
Unesco urged to investigate after Israeli forces trigger explosions near Lebanon’s World Heritage-listed Beaufort Castle – The Art Newspaper

Unesco urged to investigate after Israeli forces trigger explosions near Lebanon’s World Heritage-listed Beaufort Castle – The Art Newspaper

August 3, 2026
Strategy Sells Bitcoin After Five Weeks Without Buying

Strategy Sells Bitcoin After Five Weeks Without Buying

August 3, 2026
Ripple’s Tightest Escrow Unlock Ever: What Does it Mean For XRP Price in August?

Ripple’s Tightest Escrow Unlock Ever: What Does it Mean For XRP Price in August?

August 3, 2026
Facebook Twitter LinkedIn Tumblr RSS
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.