Crypto’s most important piece of US legislation just picked up an opponent almost nobody saw coming: the Catholic Church. And it lands at the worst possible moment for a market already deep in the red, with Bitcoin ($BTC) changing hands around $59,800 after slipping below the psychological $60,000 line this week.
This isn’t a fringe objection. It’s a coordinated, faith-based campaign aimed squarely at the provision the crypto industry has called a red line — and it’s reshaping the math on whether the CLARITY Act passes before Congress breaks for August.
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Why Are Catholic Leaders Opposing the CLARITY Act?
On June 23, a coalition delivered a letter to Senate…
