Reps. Torres and Hill Discuss Potential Path Forward for CLARITY Act

Kristin Smith of the Blockchain Association sat down with Rep. Ritchie Torres (D-NY) and House Financial Services Committee Chair French Hill (R-AR) at CoinDesk’s Policy & Regulation conference to discuss the future of crypto policy. The lawmakers analyzed why the CLARITY Act, despite strong bipartisan support in the House, stalled in the Senate and expressed optimism for its progress post-election. The discussion covered the necessity of a statutory framework, protections for software developers, tax regulations, and the emerging liability questions surrounding agentic AI in consumer transactions.