{"id":93109,"date":"2026-05-17T17:01:34","date_gmt":"2026-05-17T17:01:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=93109"},"modified":"2026-05-17T17:01:34","modified_gmt":"2026-05-17T17:01:34","slug":"clarity-act-could-unlock-wider-tech-growth-in-america-says-a16z","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=93109","title":{"rendered":"CLARITY Act Could Unlock Wider Tech Growth In America, Says a16z"},"content":{"rendered":"<div>\n<p>Bipartisan support remains the main obstacle standing between the CLARITY Act and becoming law. That was the assessment from asset management firm Grayscale on Friday, even as the company said it believes the bill has a strong chance of passing.<\/p>\n<p>Republicans hold 53 Senate seats, meaning at least seven Democrats would need to cross the aisle for the legislation to clear the full chamber.<\/p>\n<h2>CLARITY Act Advances<\/h2>\n<p>The CLARITY Act <a href=\"https:\/\/www.elliptic.co\/blog\/crypto-regulatory-affairs-clarity-act-passes-senate-banking-committee\" target=\"_blank\" rel=\"noopener nofollow\">advanced<\/a> out of the US Senate Banking Committee last Thursday after a vote that split mostly along party lines. All 13 Republican members voted in favor, joined by two Democrats.<\/p>\n<p>Nine Democrats voted against it. The bill, which aims to give the crypto industry clearer rules around market structure, has been a subject of intense debate since its introduction in July 2025.<\/p>\n<p>Grayscale pointed to the <a href=\"https:\/\/www.whitehouse.gov\/fact-sheets\/2025\/07\/fact-sheet-president-donald-j-trump-signs-genius-act-into-law\/\" target=\"_blank\" rel=\"noopener nofollow\">GENIUS Act<\/a> as a possible guide for what comes next. That stablecoin legislation passed the Senate with 66 votes, including 18 Democrats.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"zxx\"><a href=\"https:\/\/t.co\/5HWCyID7R0\" rel=\"nofollow\">https:\/\/t.co\/5HWCyID7R0<\/a><\/p>\n<p>\u2014 a16z crypto (@a16zcrypto) <a href=\"https:\/\/twitter.com\/a16zcrypto\/status\/2055298486543728864?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 15, 2026<\/a><\/p>\n<\/blockquote>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-681013\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/a_d71560.png?resize=490%2C786\" alt=\"\" width=\"490\" height=\"786\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/a_d71560.png?w=490 490w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/a_d71560.png?w=262 262w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/a_d71560.png?w=411 411w\" sizes=\"(max-width: 490px) 100vw, 490px\"><\/p>\n<p>Based on that track record, Grayscale said it believes similar bipartisan backing for the CLARITY Act is achievable, though it acknowledged that several hurdles remain before it can be signed into law.<\/p>\n<h2>Broader Economic Stakes<\/h2>\n<p>Venture capital firm <a href=\"https:\/\/x.com\/a16zcrypto\/status\/2055298486543728864?s=20\" target=\"_blank\" rel=\"noopener nofollow\">a16z<\/a> crypto argued Friday that the implications of the bill go well beyond the crypto sector. According to the firm, giving builders in the US a clear legal framework would drive wider domestic innovation.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/Qr1IkIbm\/\" width=\"1814\" height=\"921\"><\/p>\n<p>It cited the GENIUS Act\u2019s passage as a precedent, saying that legislation produced strong growth and adoption that it described as beneficial not just for the US economy but for the long-term position of the US dollar globally.<\/p>\n<p>The US dollar index, which measures the dollar\u2019s strength against a basket of major currencies, stood at 99.26 at the time of publication, up 1.25% over the prior 30 days, according to TradingView data.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter size-full wp-image-681022\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/aa_d88385.jpg?resize=1024%2C768\" alt=\"\" width=\"1024\" height=\"768\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/aa_d88385.jpg?w=1067 1067w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/aa_d88385.jpg?w=560 560w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/aa_d88385.jpg?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/aa_d88385.jpg?w=880 880w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/aa_d88385.jpg?w=750 750w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Global Signal<\/p>\n<p>Sharplink Gaming CEO Joseph Chalom added another dimension to the conversation, saying the bill is being watched far beyond US borders.<\/p>\n<p>While many see the legislation as a domestic matter, Chalom said other countries are treating it as a signal for how they might approach their own <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">crypto<\/a> regulations.<\/p>\n<p><a href=\"https:\/\/a16z.com\/\" target=\"_blank\" rel=\"noopener nofollow\">A16z<\/a> framed the broader stakes plainly: when US legal frameworks balance innovation with consumer protection, the country tends to lead and the rest of the world follows.<\/p>\n<p>Whether the Senate delivers that framework is now a question of vote counting.<\/p>\n<p><em>Featured image from MadebyBaurley<\/em><em>, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bipartisan support remains the main obstacle standing between the CLARITY Act and becoming law. That was the assessment from asset management firm Grayscale on Friday, even as the company said it believes the bill has a strong chance of passing. Republicans hold 53 Senate seats, meaning at least seven Democrats would need to cross the [&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-93109","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\/93109","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=93109"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/93109\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=93109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=93109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=93109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}