WuBlockchain Weekly: Revised CLARITY Act adds DeFi registration, Consensys to split MetaMask business
WuBlockchain’s weekly top 10 roundup centered on regulation, market infrastructure and corporate restructuring across the crypto sector. In the U.S., a revised Senate Republican draft of the CLARITY Act would require non-decentralized DeFi protocols to register with the Commodity Futures Trading Commission, while keeping ethics, BRCA and stablecoin yield provisions unchanged. Germany is considering ending the tax exemption for crypto assets held longer than 12 months, with withholding tax collection by service providers set to start in 2028. In the U.K., the House of Lords backed an amendment calling for a national digital asset strategy within 12 months after the Financial Services and Markets Bill becomes law. Canada’s OSFI said tokenized deposits carry the same legal character as traditional deposits. The U.S. Commerce Department finalized up to $300 million in funding for Rigetti, D-Wave and Quantinuum under the CHIPS and Science Act to support quantum chip and fault-tolerant computing work. Separately, MetaMask said parent company Consensys Software will split into two standalone companies, while a crypto political network launched a seven-figure national TV ad campaign ahead of a planned Sept. 15 Senate vote on the CLARITY Act.
