US crypto bill debate overlooks privacy, BeInCrypto reports

Discussions surrounding the U.S. crypto market structure bill (CLARITY Act) are overly focused on stablecoin revenue while neglecting concerns about privacy violations, BeInCrypto reported. The outlet noted that as the bill clarifies legal roles, intermediaries like exchanges will likely establish intensive surveillance systems voluntarily to avoid regulatory pressure. This could lead to the delisting of privacy coins and the abandonment of technical anonymity. BeInCrypto also pointed out that because the bill fails to provide specific standards for on-chain privacy, the core value of privacy—a philosophical foundation of cryptocurrency—could be undermined without proper public debate.