Clarity Act Update + Japan's Yen Stablecoin Play w/ Alex & Emily | Ep 21⚖️
Alex and Emily back at the Trust Issues desk for a two-hour deep dive on the regulatory and structural plumbing nobody else is breaking down this clearly. Clarity Act update first: the Banking Committee version cleared committee, the Ag Committee version is next, and the two big sticking points (software developer protections + the yield definition) are where the bill gets fought over.
Japan's Liberal Democratic Party just put forward an AI-plus-blockchain finance plan that calls for tokenized deposits, yen stablecoins, 24/7 programmable settlement, and possible wholesale CBDC use — Emily…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.