1/ I have been in crypto a long time now and I have never been as excited about our prospects. With GENIUS and stables behind us, the sprint is now on to get market structure done.  The House opened the door by passing CLARITY with strong bipartisan support.  We wouldn’t be here without that great work.   In August 2025 though, all eyes turn to the Senate Banking Committee to build on CLARITY and give us a practical, workable and, most importantly, understandable, market structure framework.  So what does the Senate Banking’s discussion draft of the Responsible Financial Innovation Act (RFIA) look like?     A 🧵.