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A Washington-based advocacy group that represents the Solana blockchain ecosystem in U.S. policy and regulatory debates.
The Senate blocked the Clarity Act 49-50 on Tuesday. By Thursday the SEC had published a tokenized-stock exemption its chairman tied to that defeat, on terms a future chairman can withdraw without a vote.
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Three federal agencies moved on crypto rules within 48 hours of the Senate's 49-50 vote that stalled the Clarity Act. Only the stablecoin rules sit on a statute, so businesses using the SEC and CFTC relief hold permissions a later administration can withdraw.
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Blockchain Association founder Kristin Smith returns as interim CEO on October 17, days after the CLARITY Act failed a 49-50 Senate cloture vote. For investors waiting on a market-structure law, the Senate count matters more to the timetable than the change at the top.
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Kristin Smith becomes the Blockchain Association's interim CEO on October 17 and keeps her job as president of the Solana Policy Institute. The industry-wide group will share its chief executive with one chain's lobby while the Clarity Act sits stalled in the Senate.
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The novel-ETF comment file closed Monday with a16z, Grayscale, Schwab, Chainalysis and Kalshi arguing past each other, and only Schwab attached a number to its ask: 75 days of public filing before effect.
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