CoinDesk published an opinion piece on June 9 outlining five specific corruption-related gaps in the Clarity Act, the crypto market structure legislation currently moving through Congress. The piece argues that without targeted amendments, the bill could leave open avenues for insider dealing, undisclosed conflicts, and issuer manipulation.
For Armada's crypto repo desk, legislative weaknesses in market structure law create downstream compliance uncertainty, particularly around collateral eligibility standards and counterparty due diligence for tokens like SOL and HYPE that may be issued by entities with structural conflicts. Legal counsel should assess whether Armada's existing onboarding policies would need strengthening regardless of the bill's final form.