Unchained reports that Justin Slaughter from Paradigm announced the CLARITY Act is effectively dead. He highlighted that House Financial Services staff are drafting a new bill that may impose stricter regulations on decentralized finance (DeFi) and shift regulatory oversight from the CFTC to the SEC. Slaughter emphasized that the DeFi sector should monitor these developments closely.
Based on the Unchained report; not independently verified.
Source published: Thu, 05 Nov 2026 22:28:00 +0000
[Read the original report](https://unchainedcrypto.com/paradigms-justin-slaughter-calls-clarity-act-dead-outlines-house-democrats-crypto-bill/)
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