Saylor: America Needs Clarity, Not Bitcoin
The highly anticipated CLARITY Act has hit another roadblock in the US Senate, prompting responses from prominent figures in the cryptocurrency space. Michael Saylor, co-founder of Strategy, believes that Bitcoin doesn't need clarity, but rather it's America that requires it.
Saylor expressed his support for the bill last week, noting that bipartisan work to establish clear rules and protect property rights is necessary for both the nation and the crypto market. However, he seems to have changed his stance now, stating 'Bitcoin doesn't need CLARITY. America needs clarity.'
The delay of the CLARITY Act has left many in the crypto community waiting with bated breath. The Senate Majority Leader confirmed that there will be no vote before the August recess, but promised to revisit the bill when the Senate returns in September.