Why banks and offshore centers like Dubai profit from the Senate's defeat of the Clarity Act
The recent decision by the United States Senate to let the Clarity Act die on the legislative floor has sparked a flurry of commentary among financial regulators, cryptocurrency advocates, and legal experts. While many observers lament the missed opportunity to create a clear regulatory framework for digital assets, a growing chorus of analysts contend that the outcome is, in fact, a boon for tra…
Sept. 21, 2026, 2:53 p.m.