Japan's mega bank sends harsh August outlook on Clarity Act

The CLARITY Act is dead for 2026, and the consequences are worse than you think. This delay isn't just a pause—it’s a green light for big banks to hijack the industry. Without clear rules, tokenization will be absorbed by incumbent financial systems rather than public blockchains. We are watching the dream of open networks get swallowed by the very institutions crypto was meant to disrupt. Is regulatory gridlock actually a win for Wall Street? What’s your take?
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