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The Clarity Act enters the Last Chance Saloon

The US’ landmark crypto bill’s future looks uncertain. Crypto fans may still see the bill pass before fall, but it’s the hope that kills you, Eliot writes.

hat gun bullets

About two and a half years ago, a former colleague pranked me. I got an email from a crypto company saying I’d been referred by that colleague, who’d apparently called me “the go-to crypto guy on the team.” 

I was still new to covering WatersTechnology’s core beats: market data, emerging technologies, and market structure. The idea that I knew anything about crypto made me laugh. “I barely understand TradFi,” I remember saying. “How am I going to write about crypto?”

These days, decentralized

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