Solana Institute Warns Senate Against Weakening the CLARITY Act
The debate over crypto regulation in the United States continues to intensify as the Solana Institute urges lawmakers to preserve key protections included in the CLARITY Act.
Kristin Smith, President of the Solana Institute, recently emphasized that blockchain developers, validators, and node operators who do not hold customer funds should not be treated as money transmitters under U.S. law. According to Smith, these participants provide software and network infrastructure rather than directly managing user assets.
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