Stani Kulechov, founder and CEO of the Aave protocol, believes the CLARITY Act represents a watershed moment for decentralized finance. This 635-page bill, released on September 14, 2026, aims to establish a comprehensive federal regulatory framework for digital asset markets. The legislation passed the U.S. Senate Banking Committee with a 15-9 vote, backed by financial giants such as Fidelity and Goldman Sachs. Key provisions include authorizing banks to provide digital asset services and establishing a safe harbor from money transmitter regulations. A cloture vote is scheduled for September 15 in the Senate, requiring 60 votes to advance.
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