Mike Belshe: Clarity Act markup could reshape U.S. crypto regulation on May 14

Mike Belshe: Clarity Act markup could reshape U.S. crypto regulation on May 14
Clarity Act markup may shift crypto rules

Mike Belshe, industry influencer, highlights that after over a decade of building institutional crypto infrastructure without regulatory clarity, the upcoming May 14 markup of the Clarity Act could bring long-awaited changes.

Belshe adds that this step is overdue and urges action to advance regulatory clarity for the crypto sector.

Belshe has previously commented on technical advances in the sector, noting that BitGo's self-custody API enabled AI agent wallets from launch without fanfare. In recent coverage, industry inefficiencies remain a focus, with reports that $70 million is spent annually to distribute $4 million in funds. The sector continues to face scrutiny over both regulatory and operational challenges.

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