🚨NEW: DeFi leaders are coming out swinging against the CLARITY Act, saying the bill would “continue the trend of forcing DeFi developers overseas." Top DeFi stakeholders tell me they’ve held their tongue about the bill for months, but now feel they have no choice but to go public with their concerns, given a final House vote is coming as soon as tomorrow. Elements of how the bill treats DeFi are “really problematic” and “impossible” for software developers to comply with, one DeFi policy expert told me. Another top lobbyist told me DeFi leaders have refrained from whipping votes for CLARITY on the Hill because the bill will boost major crypto corporations, but “leave developers in the lurch.” These DeFi players have been vaguely supportive of the bill in public, but privately, have major, fundamental issues with it. “This is a bill written by and for the big companies in crypto, which feels antithetical to the industry.”