Former CFTC Chairman Chris Giancarlo on Sunday told The Wolf Of All Streets podcast that the CLARITY Act is not a lifeline for crypto, and that failure would simply separate the builders from the bystanders.
Why Giancarlo Says The Industry Is Overselling Clarity
Giancarlo said the industry has made a tactical mistake by publicly declaring it cannot move forward without the bill.
“This is a change that is going to happen whether the CLARITY bill passes or not,” Giancarlo said.
“It may change where it gets built and what gets built, but it’s not going to change whether this internet of value happens,” he added.
