{"id":80345,"date":"2026-05-18T08:57:19","date_gmt":"2026-05-18T01:57:19","guid":{"rendered":"https:\/\/hbbgroup.net\/us-clarity-act-will-be-a-boon-for-domestic-innovation-a16z\/"},"modified":"2026-05-18T08:57:19","modified_gmt":"2026-05-18T01:57:19","slug":"us-clarity-act-will-be-a-boon-for-domestic-innovation-a16z","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/us-clarity-act-will-be-a-boon-for-domestic-innovation-a16z\/","title":{"rendered":"US CLARITY Act will be a \u2018boon for domestic innovation\u2019: A16z"},"content":{"rendered":"<div data-testid=\"post__body\">\n<p>The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could have a positive ripple effect beyond the crypto sector itself, according to venture capital firm a16z crypto.<\/p>\n<p>\u201cIf the US provides builders with regulatory clarity, it will be a boon for domestic innovation,\u201d a16z crypto <a href=\"https:\/\/x.com\/a16zcrypto\/status\/2055298486543728864?s=20\" rel=\"nofollow noopener\"><span>said<\/span><\/a> in an X post on Friday.<\/p>\n<p>A16z pointed to the passage of the GENIUS Act in July 2025, which created a regulatory framework for stablecoins, as a possible indication of what may happen following the CLARITY Act. <\/p>\n<p>\u201cIts passage led to unprecedented growth and adoption, which is not only good for the U.S. economy, but is also good for long-term dominance of the US dollar,\u201d a16z crypto said. The US dollar index, which tracks the dollar&#8217;s strength against a basket of major currencies, is 99.27 at the time of publication, up 1.28% over the past 30 days, <a href=\"https:\/\/www.tradingview.com\/symbols\/TVC-DXY\/\" rel=\"nofollow noopener\">according<\/a> to TradingView. A16z said:<\/p>\n<blockquote><p>\u201cWhen our legal frameworks are designed to both foster innovation and protect consumers, America leads and the world benefits.\u201d <\/p><\/blockquote>\n<figure><img loading=\"lazy\" alt width=\"892\" height=\"773\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/screen-shot-2026-05-17-at-124329-am.png\" decoding=\"async\"><\/figure>\n<p><em>Source: <\/em><a href=\"https:\/\/x.com\/SenLummis\/status\/2055683191424286741?s=20\" rel=\"nofollow noopener\"><em>Cynthia Lummis<\/em><\/a><\/p>\n<p>Since the US CLARITY Act was introduced in July 2025, the crypto industry has been widely speculating about its potential impact on global markets. <\/p>\n<p>Sharplink Gaming <a href=\"https:\/\/cointelegraph.com\/news\/sharplink-ceo-points-out-these-3-catalysts-for-ethereum-to-reach-new-highs\">CEO Joseph Chalom<\/a> recently said that while many view the legislation as \u201ca US phenomenon,\u201d it is also being seen as a major signal for other jurisdictions around the world.<\/p>\n<figure><img loading=\"lazy\" alt width=\"888\" height=\"261\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/screen-shot-2026-05-17-at-124826-am.png\" decoding=\"async\"><\/figure>\n<p><em>Source: <\/em><a href=\"https:\/\/x.com\/Kalshi_Crypto\/status\/2055655868750864833?s=20\" rel=\"nofollow noopener\"><em>Kalshi Crypto<\/em><\/a><\/p>\n<p>US asset management firm Grayscale <a href=\"https:\/\/www.grayscale.com\/the-stack\/a-step-closer-to-full-clarity-what-s-next\" rel=\"nofollow noopener\"><span>said<\/span><\/a> in a report published on Friday that the odds of the legislation passing are high in the firm\u2019s view, but \u201cthe bill will require bipartisan support to clear the full Senate and become law.\u201d <\/p>\n<p>\u201cThere are still a few hurdles to clear before CLARITY can become law,\u201d Grayscale said.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/news\/us-clarity-act-brings-major-spike-of-euphoria-to-bitcoin-santiment\"><span><em><strong>US CLARITY Act brings \u2018major spike of euphoria\u2019 to Bitcoin: Santiment<\/strong><\/em><\/span><\/a><\/p>\n<p>The comments came after a Thursday session of the <a href=\"https:\/\/cointelegraph.com\/news\/us-senate-banking-committee-advance-clarity-act\"><span>US Senate Banking Committee<\/span><\/a>, in which all 13 Republican members and two Democrats <a href=\"https:\/\/www.banking.senate.gov\/hearings\/05\/08\/2026\/executive-session\" rel=\"nofollow noopener\"><span>voted<\/span><\/a> to advance the bill, with nine Democrats also voting no on the bill.<\/p>\n<p>Grayscale pointed out that Republicans currently hold 53 seats, meaning at least seven Democrats would need to support the bill. \u201cWe believe that\u2019s possible: the GENIUS Act cleared the Senate with 66 votes including 18 Democrats,\u201d Grayscale said.<\/p>\n<p><em><strong>Magazine: <\/strong><\/em><a href=\"https:\/\/cointelegraph-magazine.com\/ether-price-prediction-solana-sol-bitcoin-market-moves\/\" rel=\"nofollow noopener\"><span><em><strong>ETH stalls at $2.4K five times, SOL to rally to $120: Market Moves<\/strong><\/em><\/span><\/a><\/p>\n<\/div>\n<p>Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph\u2019s <a href=\"https:\/\/cointelegraph.com\/editorial-policy\">Editorial Policy<\/a> and aims to provide accurate and timely information. Readers are encouraged to verify information independently. <\/p>","protected":false},"excerpt":{"rendered":"<p>The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could have a positive [&hellip;]<\/p>","protected":false},"author":5,"featured_media":80346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-80345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/80345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=80345"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/80345\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/80346"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=80345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=80345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=80345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}