DeFi Sector Alarmed as CLARITY Act Threatens US Market Dominance
Decentralized finance leaders are sounding the alarm as the CLARITY Act approaches a critical House vote. Policy experts warn the legislation could force DeFi developers offshore while creating compliance hurdles that contradict the sector's foundational principles.
Anonymous industry sources reveal months of suppressed concerns now surfacing. The bill's treatment of DeFi protocols appears particularly problematic, with one expert calling certain provisions "impossible" to reconcile with decentralized operations.
Market participants fear a repeat of regulatory-driven migration patterns that previously drained crypto talent from US jurisdiction. The timing proves especially delicate as Washington seeks to establish comprehensive digital asset frameworks.
