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The "Digital Asset Market Clarity Act" ( CLARITY Act ) Senate vote is postponed again. The bill that was scheduled for a vote this week has fallen into an awkward situation—basically, a situation where none of the parties are very satisfied.
The most noticeable change is the attitude shift among industry giants. Previously, major exchanges like Coinbase supported the bill, but now they have withdrawn their support, with a straightforward reason: the current bill text could directly ban DeFi operations. In other words, the more the bill is amended, the less clear the future becomes.
This reflects deep-rooted disagreements within the crypto market. On one side are traditional financial and regulatory authorities seeking a stricter framework, while on the other side, the DeFi ecosystem firmly opposes any clauses that might restrict protocol freedom. The CLARITY Act was originally intended to be a peacemaker, but instead, it has become a focal point.
The Senate's postponement of the vote is less about procedural delay and more a signal that both sides are reassessing. Whether industry voices can influence the bill's provisions or if it will ultimately proceed as planned remains to be seen. Recent developments warrant ongoing attention. Such regulatory actions often have far-reaching impacts, not only affecting compliance prospects but also directly influencing the exchange ecosystem and the survival space of DeFi.