2026-01-15 18:37:45

Everyone in the industry knows that the CLARITY Act has been delayed, and a few top exchange leaders behind the scenes are also involved. But have you ever wondered why these big players would actually want to block a bill that is widely supported within the industry?

Open the bill's provisions, and the answer is right there. The bill's definition of on-chain securities is extremely strict, and the exemption conditions are set in such a way that they are almost impossible to meet. Simply put — it directly cuts off the pathway for US stocks to go on-chain.

Many large platforms are now developing tokenized stock services, which is an important link connecting DeFi and traditional finance. If this route is forcibly blocked by the authorities, these platforms' strategic plans will have to be completely adjusted. The bill may seem harmless on paper, but the actual constraints are so significant that any organization wanting to deepen its presence in this track will have to think twice.

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AirdropHunterXM

· 2h ago

Haha, got it. Basically, it's shooting oneself in the foot. No wonder they're trying to sabotage.

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DYORMaster

· 4h ago

It's all because of these exchange bosses. They claim to support regulation but secretly make things difficult behind the scenes. The tokenized stock pie hasn't even been tasted yet, and the bill has already cut it in half. Truly ruthless. Basically, it's driven by利益. If the US stocks go on-chain and truly expand, the landscape will change. The thresholds set by this bill are ridiculously high, and the exemption conditions are virtually meaningless, making it impossible to pass. Let's wait and see how things unfold; it feels like this business will have to be reshuffled. I'm a bit confused. Since the bill is so problematic, why did the industry hype it up so much at the beginning? The bridge between DeFi and traditional finance has been blocked, which is a big shock to the entire ecosystem.

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BankruptcyArtist

· 4h ago

It's the same old trick again. The big shots talk nicely, but behind the scenes, it's all knives. The US stock market is on-chain, but they can't even get a piece of the tokenized stock pie. No wonder they're getting anxious. Basically, it's a conflict of interest. Everyone wants to dominate the race.

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airdrop_huntress

· 4h ago

Ha, it's the same old story. The big shots say it's "for the ecosystem," but honestly, they're just worried about losing their jobs. Tokenized stocks are definitely the future direction, but if the authorities really clamp down, the entire sector will have to shut down. To put it simply, compliance and interests are always at odds. Now it's just a matter of who can outlast whom. The on-chain US stocks thing will come sooner or later; it's only a matter of time... This exemption clause in the bill is really incredible, it's basically saying "don't even bother trying." Wait, what about the platforms that are already set up? Who will compensate for the losses? In fact, the exchanges delaying the bill is just trying to buy some room for adjustment; otherwise, this path would really be dead. It seems this back-and-forth bickering will go on for a long time again. No rush.

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MetaverseVagrant

· 4h ago

Haha, it's the same old story. When the big shots say they're "optimistic," do they really mean it? Wake up. It's just a conflict of interest.

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