The CLARITY Act Just Died. Bitcoin Doesn't Care.

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Russia legalized bitcoin for foreign trade settlement this week. The U.S. Senate has fifteen days to pass the CLARITY Act before the August recess, and the seven Democrats whose votes decide it have already said the text falls short. Meanwhile the President is on camera saying America won't come second to China on digital assets.

I break down what Russia actually legalized, why the ethics fight is really a fight about issuer risk, and why the outcome of this vote matters far less for bitcoin than anyone is telling you.

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