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- Source: inbox/archive/2026-01-13-nasaa-clarity-act-concerns.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
1.7 KiB
1.7 KiB
| type | entity_type | name | domain | status | tracked_by | created | jurisdiction | focus |
|---|---|---|---|---|---|---|---|---|
| entity | organization | North American Securities Administrators Association (NASAA) | internet-finance | active | rio | 2026-03-11 | 50 US states, DC, Puerto Rico, US Virgin Islands, Canadian provinces | State-level securities regulation and investor protection |
North American Securities Administrators Association (NASAA)
NASAA is the coordinating body for state and provincial securities regulators across North America. It represents the institutional voice of state-level securities oversight and has historically taken more conservative positions on digital asset regulation than federal agencies like the SEC.
Timeline
- 2026-01-13 — Filed formal concerns regarding the Digital Asset Market CLARITY Act, opposing federal preemption of state digital asset oversight authority
Relationship to KB
NASAA represents coordinated state-level resistance to federal digital asset regulatory frameworks. Its opposition to the CLARITY Act aligns with the 36-state amicus coalition in prediction market cases, suggesting a broader institutional "states' rights" dynamic in internet finance regulation that creates friction against federal preemption attempts.
Relevant to:
- futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control — state regulators may reject this separation argument
- Internet finance is an industry transition from traditional finance where the attractor state replaces intermediaries with programmable coordination and market-tested governance — state opposition represents institutional friction force