DOA: CLARITY Act Torched By Senate Vote, Technocrats Are Livid But Not Deterred

Failure of the CLARITY Act does not stop the tokenization train, but it will slow it down. The SEC and CFTC will now write the rules by exemption, no-action letter, and enforcement discretion. The GENIUS Act provided the settlement layer in 2025, and the banks have already caved to tokenization. The stock markets are already being tokenized. Get ready for my new book, CRUCIBLE OF TOKENS, to figure out what this means to you, so you can take evasive action. ⁃ Patrick Wood, Editor.The Senate