The discussion around the delay of the CLARITY Act has often focused on issues with stablecoin yield.
However, Anndy Lian challenges this narrative, suggesting that it is not the only factor at play. Lian points to pressure from banking stakeholders and efforts to address a ‘Yield Loophole’ in the GENIUS Act as significant elements influencing the legislative progress. These dynamics underscore complex regulatory factors guiding crypto-related policy.
These intricacies in crypto regulation are part of a broader pattern that Anndy Lian has examined, including the sector’s technological evolution amid shifting market dynamics—such as the implications of Hyperliquid’s $4.174B bridging activity and USDC’s growing dominance. Additionally, Lian has provided perspective on the resilience of blockchain infrastructure, weighing the impact of consensus shift versus blockchain forks on the industry’s adaptability.
Source: https://tradersunion.com/news/market-voices/show/1641859-clarity-act-delay-yield/
Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.
Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.
An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.