Pro-XRP Lawyer Deaton Warns: If Congress Snoozes on Crypto Bill Until Summer, CLARITY Act Might Miss Its Window
Pro-XRP lawyer John Deaton just dumped a bucket of ice water on the CLARITY Act hopium crowd. His verdict? If this crypto bill limps into Summer territory, the CLARITY Act is about as likely to pass as a Bitcoin ETF getting approved in 2010—i.e., dead in the water for this year.
Why the grim forecast? Let me introduce you to the midterms, that magical time when Congress suddenly discovers they have better things to do than regulate your monkey JPEGs. The Senate will be too busy posturing for November elections to give a damn about digital asset legislation. And right now, Democrats are looking surprisingly poised to pull off a clean sweep—flipping both the Senate and House.
So while you're out here DCA-ing and HODL-ing, maybe temper those legislative clarity expectations—or start lighting some candles. Congress moves faster when there's an election to win, not a crypto industry to appease. Good luck out there, degen.
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