Somo Crypto & Ai Reads

The CLARITY Act is close to a Senate floor vote. Tushar Jain frames it as the bill that ends crypto's regulation by enforcement era in the US. What the bill would define: • when a crypto asset is a security or commodity • what sufficiently decentralized means in statute • what qualifies as a protocol • one federal market structure rulebook instead of fifty state regimes • clearer tools for investor protection and enforcement after FTX, Celsius, Terra, Mt. Gox His bigger point is that crypto is becoming market infrastructure, not a side category. AI agents, stablecoins, tokenized assets, settlement rails, and always on markets need programmable financial infrastructure. The country that writes the rules for that layer gets the advantage. The deadline is political. Congress leaves for August recess soon. He says the White House, House, and Senate leadership are mostly aligned, and the missing piece is the vote. The clean framing: GENIUS Act, stablecoin clarity. CLARITY Act, market structure clarity. Together they move crypto from legal gray zone to recognized financial infrastructure. source: https://x.com/tushar_jain/status/2080701950446981586