Novadius CEO says CLARITY bill dispute exposes lack of crypto education

Nate Geraci, CEO of wealth manager Novadius Wealth Management, said the controversy surrounding the CLARITY bill shows the crypto industry needs to do more on education. Geraci said many politicians, major financial institutions and mainstream media outlets do not properly understand the nature of cryptocurrency, or may understand it but still see it as a threat, adding that education would help address the issue either way. Meanwhile, processing of the CLARITY bill remains delayed even after the White House reached agreement on an ethics provision.