Clarity Act Update + Japan's Yen Stablecoin Play w/ Alex & Emily | Ep 21⚖️

Alex and Emily back at the Trust Issues desk for a two-hour deep dive on the regulatory and structural plumbing nobody else is breaking down this clearly. Clarity Act update first: the Banking Committee version cleared committee, the Ag Committee version is next, and the two big sticking points (software developer protections + the yield definition) are where the bill gets fought over.Japan's Liberal Democratic Party just put forward an AI-plus-blockchain finance plan that calls for tokenized deposits, yen stablecoins, 24/7 programmable settlement, and possible wholesale CBDC use — Emily walks through why Japan's ZIRP/NIRP carry-trade history makes this consequential in ways the U.S. isn't tracking. Then the DeFi explainer series: AMMs, liquidity pools, the Uniswap patent suit, concentrated liquidity / DLMM, and the brutal honesty on Solana validator MEV / front-running. Alex gives James from Carrot the only credit anyone in the Drift exploit fallout earned — communicating adequately and accurately while every other affected party went silent. And the breakdown of the XRP influencer pump scheme — pay-to-shill economics, why the 'shake you out' narrative shows up on cue, and how Bitwise's XRP-positions report buries the lede on what they're doing instead.Closing portfolio reveal: Alex's mostly wrapped BTC + wrapped ETH (because the Ethereum mainnet is still expensive and Bitcoin's a pain to interact with), some Optimism, Solana, and a tiny JTO bag. He's hunting a Jito hoodie. Tomorrow morning Alex co-hosts RUMS 512 with Will + Nil (Strategic Partnerships, Blockworks). Trust Issues is dark next Tuesday — Alex has last-minute Miami travel. Following week he's in NYC for the Ethereum conference — what he hoped Consensus would be.Support the show— Want to hang out with us after the show, get live answers to your questions, or join future giveaways? Join our free community where the show lives 24/7: community.rumshq.com—☕ THE RISE UP MORNING SHOW☀️LIVE Monday - Thursday @ 7a centralHelpful web3 news, commentary, & answers to your crypto questions.🍻RISE UP AFTER DARK🌗 LIVE Wednesdays @ 7p centralDYOR and BYOB for casual Q&A, fun with expert guests, and altcoin research.📈RISE UP MARKET WATCH🤑LIVE Mondays @ 7p centralTechnical analysis, real macro insight, and practical takeaways to help you invest smarter in every market.⚖️ TRUST ISSUES 🧐 LIVE Tuesdays @ 6:30p centralBreaking down U.S. crypto policy, regulation, and legislation—what they mean for the industry and what comes next.—WANT MORE?👉Connect w/us on your favorite social: https://rumshq.com👉Become a guest or sponsor: [email protected]👉Join our free community: https://community.rumshq.comFOLLOW OUR HOSTS:☮️ Evan Mann: https://beacons.ai/conversationswithevan🤬 Alex Popovic: https://alexpopovic.info🐬 Will Watson: https://c...