Solana institute warns of CLARITY Act investment risks
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- The Solana Policy Institute has raised concerns about investment provisions in the proposed CLARITY Act.
- The group said parts of the bill could create uncertainty for blockchain projects and investors.
- It urged lawmakers to refine the legislation before it moves forward.
The Solana (CRYPTO:SOL) Policy Institute has raised concerns about investment-related provisions in the proposed CLARITY Act.
The organisation said parts of the legislation could create uncertainty for blockchain projects seeking investment and growth.
It argued that some provisions may unintentionally discourage capital formation in the digital asset industry.
The institute urged lawmakers to clarify the bill's language to reduce legal uncertainty for developers, investors and blockchain businesses.
It said clearer rules would help support innovation while maintaining appropriate regulatory oversight.
The CLARITY Act aims to establish a legal framework for digital assets and define the responsibilities of U.S. financial regulators.
The Solana Policy Institute said it supports regulatory clarity but believes changes are needed to avoid unintended consequences for the crypto sector.
