Episode Details

The Clarity Act remains one of the crypto industry's biggest policy priorities in Washington, but what happens if Congress can't get market structure legislation across the finish line?

Kristin Smith, President of the Solana Policy Institute, joins Crypto in America at the Wyoming Blockchain Symposium to discuss why passing major crypto legislation has proven more difficult than anticipated, why the SEC and CFTC may need to pursue what she calls “Operation Plan B,” and what greater regulatory certainty could mean for Solana and institutional adoption.

The conversation explores the political hurdles still facing crypto market structure legislation, the role of SEC and CFTC rulemaking, Solana's opportunity in tokenized securities, institutional capital sitting on the sidelines, Fairshake's impact on Washington, and why tax policy could become one of crypto's next major policy fights.

Timestamps 

00:10 Kristin Smith on the Future of U.S. Crypto Policy

00:34 Why U.S. Crypto Policy Matters Globally

01:30 How the Clarity Act Has Evolved

03:22 Why Congress Is Running Out of Time

05:42 How Likely Is the Clarity Act to Pass?

07:55 The 60-Vote Challenge

08:23 Banks, Yield and the Final Negotiations

10:27 Can SEC Rulemaking Move Ahead of Congress?

11:17 Why Crypto Needs “Operation Plan B”

12:52 What the Clarity Act Means for Solana

14:56 Tokenized Securities and Institutional Adoption

15:23 Why Wall Street Money Is Sitting on the Sidelines

16:18 DeFi and Regulated Markets on Solana

17:11 Public Blockchains as Financial Infrastructure

18:48 Fairshake’s Influence in Washington

19:21 How Crypto Should Approach the Midterms

21:15 How Fairshake Changed Crypto’s Political Power

21:46 Crypto’s Next Major Policy Fight: Taxes

23:40 Why Washington Has a Crypto Tax Education Gap

24:39 What to Watch From the SEC and CFTC

25:41 Wall Street’s Next Wave of Crypto Adoption

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