1inch warns CLARITY Act delay prolongs uncertainty for DeFi developers

The Senate's delay of the CLARITY Act until September has extended regulatory uncertainty for DeFi developers and non-custodial protocols, with 1inch arguing the bill still contains meaningful protections for software developers and self-custody even as final wording remains under negotiation. Senate Majority Leader John Thune filed cloture on August 8 to force a September 15, 2:15 p.m. ET vote on whether the Senate should take up the bill, but Republicans will need at least seven Democratic or independent votes beyond their 53 seats, and disputes over ethics, illicit finance, committee text and deposit flight remain unresolved.

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