Berkeley Law Lecturer Argues Clarity Act Could Harm Crypto Industry

Berkeley Law lecturer Hermine Wong has put forward a critical assessment of the proposed Clarity Act, arguing it is fundamentally anti-crypto despite its progressive appearance. Wong contends that years of stalled legislation, flawed enforcement actions, and major industry collapses have made the crypto sector desperate for any form of comprehensive regulation. This desperation, she argues, is being exploited to push through legislation that may ultimately damage the industry. The Clarity Act, in her view, disguises potentially harmful provisions behind the promise of long-awaited regulatory progress.