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Coin Center Warns US Crypto Crackdown Possible Without Clear Rules

Coin Center Warns US Crypto Crackdown Possible Without Clear Rules

Coin Center Warns Us Crypto Crackdown Possible Without Clear Rules

Advocates warn that failing to pass the CLARITY Act could leave the door open for a future, less industry-friendly US government to crack down on crypto policies, according to Peter Van Valkenburgh, executive director of Coin Center.

In a Friday post on X, Van Valkenburgh argued that rejecting protections for developers in legislation like the CLARITY Act and the Blockchain Regulatory Certainty Act in favor of “short-term business interests” could lead to a grim future for the industry.

“The point of passing CLARITY is not to trust this administration. It is to bind the next one,” he said, adding that “A world without CLARITY’s statutory protections for developers is a world governed by prosecutorial discretion, political…

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