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2000 Canadian law on seccession
The Clarity Act is legislation passed by the Parliament of Canada that established the conditions under which the Government of Canada would enter into negotiations that might lead to secession following such a vote by one of the provinces. The Clarity Bill (C-20) was tabled for first reading in the House of Commons on 13 December 1999. It was passed by the House on 15 March 2000, and by the Senate, in its final version, on 29 June 2000.
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Regulators race to reassure the crypto industry as the industry’s flagship legislation collapses, SBF tries his luck with the Supreme Court, and crypto PACs unleash $30 million against Sherrod Brown
The failure of the CLARITY Act vote has left the U.S. market vulnerable to a model where a single company acts as an exchange, broker, and custodian of digital
Mike Belshe said an exchange that also holds client assets could fail and bring down the market.