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The US cryptocurrency industry’s attitude towards the CLARITY Act is changing. The latest policy draft has raised concerns among industry insiders—they believe that lawmakers are making too many compromises on traditional financial institution issues, especially in key areas such as stablecoin yield mechanisms and tokenized assets. Many practitioners point out that these concessions could weaken the US’s competitive edge in digital asset innovation. Meanwhile, within the Democratic Party, there is still a push for a new additional clause aimed at imposing stricter ethical review constraints on high-level government officials. This multi-directional tug-of-war reflects the complex negotiations involved in shaping the cryptocurrency regulatory framework.