Revised CLARITY Act targets ‘non-decentralized’ DeFi operators
60-second summary
The revised CLARITY Act now specifically targets “non‑decentralized” DeFi operators, tightening reporting and registration requirements for platforms that retain central control, while its ethics section stays largely unchanged despite intense Senate debate; this signals heightened regulatory scrutiny, prompting compliant projects to adjust structures and investors to anticipate potential market volatility and compliance costs.
The bill’s ethics section remained largely unchanged despite being one of the main points of contention ahead of a pivotal Senate vote.