it’s easy to look at the headlines about the clarity act stalling and think it’s all over. however, if you look beyond the doom and gloom, it’s not hard to see how this is a blessing in disguise. here’s why it’s actually a golden opportunity for long-term bulls: 1/ the SEC and CFTC now have a chance to make far more favorable rules the clarity act was by no means perfect. and getting an imperfect bill passed would take decades to fix. without a rigid bill, the SEC and CFTC can create rules that adapt in real-time as technology evolves. 2/ fairer regulation, with less lobbying from big banks congressional bills are often swayed by massive lobbying from financial institutions with their own interests. the SEC and CFTC can now put their own independent rules and regulation in place, free from the influence of big banks. 3/ more innovation and rules that make america the crypto capital of the world the clarity act included multiple arbitrary rules such as proposing that anyone holding 20% of voting power disqualified a project from being "decentralized". these rigid rules would put a damper on innovation. now, the agencies can and will be able to implement much more favourable rules for companies building groundbreaking new tech (ie safe harbours, exemptive relief etc). @kwok_phil and i look forward to meeting with the SEC and CFTC this week in DC to talk about all the above and more!