A major compliant exchange's regulatory disagreement with the U.S. Congress suddenly escalated.
Last week, a key news broke in the crypto market: the largest compliant trading platform in the U.S. suddenly withdrew its support for the CLARITY crypto regulation bill just hours before the Senate vote. This move directly caused the scheduled vote to be postponed.
What exactly happened?
In fact, Congress has been pushing forward a crypto regulatory framework called CLARITY—which was originally expected to clarify the long-standing ambiguous regulatory boundaries. But clearly, at the most critical moment, this exchange changed its mind.
What signals does this reflect? Is there a problem with the bill itself, or are there deeper disagreements between the exchange and regulators? As the crypto industry continues to grow, the balance between compliance and innovation is facing new tests.
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ForumLurker
· 01-22 08:11
Really can't hold it anymore, fleeing just hours before the vote—this move is brilliant...
Where's the promised CLARITY? Under the guise of compliance, everyone still has their own little tricks.
There must be some behind-the-scenes story, otherwise they wouldn't be so aggressively pushing back against Congress.
This is the crypto world—on one hand calling for compliance, on the other wanting to retain freedom, trying to have both fish and bear's paw.
Let's wait and see the subsequent reversals; there's an 80% chance it will keep flipping back and forth.
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GateUser-e51e87c7
· 01-22 06:21
Another palace intrigue drama unfolds. The compliant exchange suddenly flips its vote on the eve of the emergency vote. This script is amazing.
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BugBountyHunter
· 01-20 22:51
Here we go again, flipping out just a few hours before the vote. I really can't hold it anymore.
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BrokenYield
· 01-19 10:00
lol they always pull support at the last second... classic move when the leverage ratio gets too risky. betcha the fine print had some systemic risk clause they couldn't swallow
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SchroedingersFrontrun
· 01-19 09:59
Regretting just a few hours before the vote? This move is too... Wait, did they discover some shady dealings and change their mind at the last minute?
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BlockchainBouncer
· 01-19 09:55
You know, this exchange really dropped the ball at a critical moment. Reversing the vote just a few hours before the event was brilliant.
Pretending to be one thing in public and another in private, no wonder everyone distrusts centralized platforms.
CLARITY has already compromised countless times, and now they can't even get past this. How long will the regulatory road take?
The exchange chickened out, probably because some part of the bill hit their sore spot.
The cost of compliance is just too high. It feels like no matter what you choose, it's a trap.
This script is always the same. They make promises and then backtrack. It's hilarious.
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DegenDreamer
· 01-19 09:48
Suddenly betraying at the last moment, this move is really awesome haha
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MetaNomad
· 01-19 09:48
Suddenly changing your mind a few hours before the vote? That move is brilliant, it feels like CLARITY isn't as "clear" as I imagined.
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ChainMaskedRider
· 01-19 09:47
Suddenly changing your mind a few hours before the vote? I’m familiar with this trick. Underneath the compliant exterior, it’s still the same old face...
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MidnightSeller
· 01-19 09:46
Basically, it's just a temporary betrayal, which is the real current state of the industry.
A major compliant exchange's regulatory disagreement with the U.S. Congress suddenly escalated.
Last week, a key news broke in the crypto market: the largest compliant trading platform in the U.S. suddenly withdrew its support for the CLARITY crypto regulation bill just hours before the Senate vote. This move directly caused the scheduled vote to be postponed.
What exactly happened?
In fact, Congress has been pushing forward a crypto regulatory framework called CLARITY—which was originally expected to clarify the long-standing ambiguous regulatory boundaries. But clearly, at the most critical moment, this exchange changed its mind.
What signals does this reflect? Is there a problem with the bill itself, or are there deeper disagreements between the exchange and regulators? As the crypto industry continues to grow, the balance between compliance and innovation is facing new tests.