CLARITY Act Stalls in Senate as SEC Discusses Innovation Exemption

CoinDesk's The Policy Protocol podcast features a discussion on the stalling of the CLARITY Act in the Senate. Taylor Lindman, Chief Counsel of the SEC's Crypto Task Force, discusses the reception of the new innovation exemption within traditional finance and crypto sectors, and the extent of the SEC's authority without congressional action. The episode also covers the future of 24/7 markets, the continuity of the Crypto Task Force following Commissioner Hester Peirce's departure, and a proposal by Demis Hassabis for a FINRA-style standards body for frontier AI models.