{"id":68792,"date":"2026-01-22T03:01:38","date_gmt":"2026-01-22T03:01:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=68792"},"modified":"2026-01-22T03:01:38","modified_gmt":"2026-01-22T03:01:38","slug":"solana-policy-institute-presidents-top-priorities-for-clarity-act-and-latest-update-on-the-bill","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=68792","title":{"rendered":"Solana Policy Institute President\u2019s Top Priorities For CLARITY Act And Latest Update On The Bill"},"content":{"rendered":"<div>\n<p>As discussions surrounding the CLARITY Act\u2014often referred to as the crypto market structure bill\u2014continue in Washington, Kristin Smith, President of the Solana Policy Institute, has provided insights on the current status of the legislation and the organization\u2019s <a href=\"https:\/\/x.com\/KristinSmith\/status\/2013981239766589736?s=20\" target=\"_blank\" rel=\"noopener nofollow\">top priorities<\/a>.\u00a0<\/p>\n<h2>Solana Policy Institute\u2019s Optimism For CLARITY Act\u00a0<\/h2>\n<p>One of the main priorities disclosed by Smith in a recent post on social media platform X (formerly Twitter), is the importance of protecting open-source developers in the legislative landscape.<\/p>\n<p>Smith pointed out that the recent delay in the markup of the <a href=\"https:\/\/bitcoinist.com\/international-crypto-crime-ring-south-korea-uncover\/\" target=\"_blank\" rel=\"noopener \">market structure bill<\/a> last week after Coinbase\u2019s withdrawal should be seen as a temporary setback. \u201cDespite the delay, industry engagement remains robust, and there is clear bipartisan support to achieve durable regulatory clarity for market structure,\u201d she noted.<\/p>\n<p>The Senate Agriculture Committee is making advancements with its own draft of the legislation expected to be released on Wednesday, as earlier <a href=\"https:\/\/bitcoinist.com\/senate-ag-committee-crypto-market-structure-draft\/\" target=\"_blank\" rel=\"noopener \">reported<\/a> by Bitcoinist.<\/p>\n<p>Smith also highlighted a shared objective: to create a <a href=\"https:\/\/bitcoinist.com\/nyse-unveils-blockchain-platform-24-7-stock-trading\/\" target=\"_blank\" rel=\"noopener \">framework <\/a>that protects consumers, fosters innovation, and provides certainty for developers operating in the United States. A central tenet of this goal is the safeguarding of developers, which Smith argued is crucial for the success of the industry.<\/p>\n<h2>Smith Advocates For Developer Protections<\/h2>\n<p>The Solana Institute was founded to ensure that policymakers gain a comprehensive understanding of public blockchains and the protocols that underpin them.\u00a0<\/p>\n<p>Smith articulated the critical role that open-source software plays within the <a href=\"https:\/\/bitcoinist.com\/coinbase-circle-to-build-on-chain-economy-bermuda\/\" target=\"_blank\" rel=\"noopener \">crypto ecosystem<\/a>, noting that developers around the world collaborate to produce software that anyone can inspect, use, or improve. \u201cOpenness is a strength\u2014not a liability,\u201d she asserted.<\/p>\n<p>However, she raised concerns regarding the case against Roman Storm of Tornado Cash, indicating that it treats open-source innovation as something questionable. Smith warned that penalizing developers merely for writing and publishing open-source code endangers all those involved in such collaborative efforts.\u00a0<\/p>\n<p>She emphasized the \u201cchilling effect\u201d that the prosecution could have on <a href=\"https:\/\/bitcoinist.com\/treasury-secretary-strategic-bitcoin-reserve-plans\/\" target=\"_blank\" rel=\"noopener \">open-source developers<\/a>, asserting that writing code is an expressive act protected by the First Amendment.<\/p>\n<p>Smith called for clear policy that differentiates between bad actors and developers working on lawful, general-purpose tools. To bolster this cause, she encouraged supporters to draft letters expressing their stance in favor of open-source protections.<\/p>\n<p>Roman Storm <a href=\"https:\/\/x.com\/rstormsf\/status\/2013993930711527540?s=20\" target=\"_blank\" rel=\"noopener nofollow\">responded <\/a>to Smith\u2019s support, thanking her and the broader community for advocating for open-source principles. He remarked, \u201cCriminalizing the act of writing and publishing code threatens not just one developer, but the foundations of digital security, privacy, and innovation.\u201d\u00a0<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/q9fMAOHX\/\" alt=\"Solana\" width=\"1814\" height=\"928\"><\/p>\n<p>At the time of writing, Solana\u2019s native token, SOL, was trading at $130.33, mirroring the performance of the broader crypto market, dropping 11% in the weekly time frame.\u00a0\u00a0\u00a0<\/p>\n<p>Featured image from DALL-E, chart from TradingView.com <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As discussions surrounding the CLARITY Act\u2014often referred to as the crypto market structure bill\u2014continue in Washington, Kristin Smith, President of the Solana Policy Institute, has provided insights on the current status of the legislation and the organization\u2019s top priorities.\u00a0 Solana Policy Institute\u2019s Optimism For CLARITY Act\u00a0 One of the main priorities disclosed by Smith in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-68792","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/68792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68792"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/68792\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}