Chainlink Labs Exec Says CLARITY Act Could Unlock Institutional Crypto

Chainlink Labs executive Andrew McCormick says the proposed CLARITY Act could reduce compliance uncertainty and unlock greater institutional crypto adoption by clarifying SEC and CFTC oversight boundaries. The bill aims to define how digital assets are regulated under U.S. market structure rules, which Chainlink argues is critical for tokenization and on-chain market infrastructure. Regulatory clarity could ease legal hesitation among banks and asset managers considering blockchain-based projects.