The tariff ruling on January 14th defined the US trade boundaries, but what truly determines the future of global digital finance is the vote next Thursday (January 15, 2026) by the US Senate Banking Committee on the "Digital Asset Market Clarification Act."

This is not just a legal revision—it's the ultimate game for whether DeFi can continue to survive. As investors, you need to see through political appearances and understand the real impact this bill will have on liquidity, asset security, and financial infrastructure.

**The Final Battle for the Power Map: SEC vs CFTC**

For a long time, crypto assets have been operating in a regulatory gray area. The Clarity Act's goal is clear—it aims to establish a clear classification system:

Assets like Bitcoin and Ethereum, which are "sufficiently decentralized," will be handled by the CFTC as digital commodities; tokens that are in the funding stage or highly centralized will fall under the SEC; for a token to be recognized as a "commodity," it must prove that its blockchain is "mature"—no single holder owns more than 20% of the circulating supply, and no entity can control the protocol alone.

In other words, the logic of the power reallocation is simple: the degree of decentralization determines who regulates you.

**The Real Dilemma Faced by DeFi Developers**

Industry leaders like Hayden Adams, founder of Uniswap, have pointed out a core issue: certain provisions pose a threat to open-source code developers. This involves...