X @Ignas | DeFi

Regulatory Framework - CLARITY Act establishes a "mature blockchain system" framework for lighter regulation of truly decentralized networks [1] - The Act suggests tokens initially sold as securities can transition to commodities if the underlying blockchain becomes decentralized [1] - Industry observers believe if passed, CLARITY Act would be very bullish for crypto [2] Decentralization Assessment - Sources indicate Bitcoin, Ethereum, and Litecoin meet the criteria for decentralization under the CLARITY Act [1] - Solana, Cardano, and BNB Chain reportedly do not meet the decentralization criteria due to foundational control [1] - The report raises the question of how regulators will evaluate decentralization [1]