Y Combinator: Clarity Act Could Drive Crypto Technology into All YC Portfolio Companies

Odaily Odaily reports that Y Combinator, a renowned startup accelerator, stated that in the future, all of its portfolio companies may utilize cryptocurrency technology, particularly infrastructure such as stablecoins, and not be limited to crypto or fintech startups.

YC has previously invested in early-stage companies including Airbnb, DoorDash, Coinbase, Stripe, Reddit, OpenAI, and Kalshi. Its latest statement primarily calls on the U.S. Congress to pass the crypto market structure bill, the "Clarity Act."

YC believes that for the crypto industry to enter a new phase, it must achieve deeper integration with traditional financial institutions such as banks and brokerages. The Clarity Act is expected to provide the regulatory foundation for this integration. The bill aims to clarify whether digital assets are securities or commodities, establish a registration pathway with the CFTC, and stipulate that customer assets belong to the customer in the event of bankruptcy.

However, the prospects for the bill remain uncertain. Supporters argue it has a basis for bipartisan cooperation, while opponents point out limited Democratic support, the approaching midterm elections, and ethical controversies stemming from Trump's direct association with the crypto industry, all of which could increase legislative阻力.