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When Washington waits, criminals move: The hidden cost of the CLARITY Act delay

When Washington waits, criminals move: The hidden cost of the CLARITY Act delay

Baran Ozkan argues delays to U.S. CLARITY Act crypto rules create AML gaps, regulatory arbitrage, and rising fraud risk across digital asset markets.

 

By Baran Ozkan, Co-founder & CEO, Flagright.

 


 

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A White House meeting meant to break the stalemate on U.S. crypto market‑structure legislation ended without a deal. The sticking point was incentives and whether intermediaries should be allowed to pay interest or rewards on stablecoin holdings, and what that might mean for bank deposits and financial stability. With no compromise, the CLARITY Act, which passed the House,…

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