Crypto Bill FAILS Before Recess | September Window Now Impossibly Tight

The CLARITY Act won't pass the Senate before the August break. This is the math about this vital crypto legislation that we've talked about before. Cryptocurrency regulation in the United States is back to being enforcement by fiat. Senate Leader John Thune tells reporters CLARITY can't get over the finish line before recess. That leaves a very brief window in September before the midterms. Dana Love, PhD, breaks down the Senate calendar and competing priorities to getting crypto legislation for the President to sign. Over the course of this video, Dr. Love describes the Senate process, explaining where CLARITY Act falls, connecting it to problems with GENIUS Act rulemaking, and assessing the odds of success. Subscribe for more crypto policy discussions and forensic breakdowns of blockchain projects, existing protocols, and new ideas. BUY THE TOKEN TRAP ON AMAZON https://www.amazon.com/dp/B0GRN1XPFT DANA HAS A CHANNEL ABOUT AI    / @closedsourceai   LEARN MORE https://www.thetokentrap.com https://www.danalove.com https://x.com/DanaFLove   / danalove   CHAPTERS 00:00 The Breakthrough That Isn't 02:35 Three Assertions 03:35 What Dropped Today 05:47 Issuing Is Not Profiting 08:38 The Enforcer Problem 12:49 Ten Votes 16:00 Who Holds The Switch 22:01 What Failure Costs 23:48 My Take