Senate Markup Advances CLARITY Act Amid 16 Anti-DeFi Amendments, Hashdex Eyes $70B Inflows

The Senate Banking Committee is marking up the CLARITY Act today at 2:30 p.m. UTC amid over 100 amendments, including 16 flagged by DEF as 'anti-DeFi' that could expose developers and smart contracts to sanctions, plus 40 from Sen. Warren demanding ethics rules over Trump crypto ties. Tensions escalated from FOP's May 12 opposition to Section 604 exempting privacy tools, Warren's May 13 warnings, and emergency DeFi lobbying, while a poll shows only 4% of voters prioritize crypto ahead of midterms. Hashdex CIO Samir Kerbage cautions markets undervalue the bill's potential to unlock $70B+ inflows like Bitcoin's post-approval surge, with crypto market cap at $2.62T.