Woofun AI reports that Randi Abernethy, head of liquidation and group risk at Bullish, testified at a New York hearing on the CLARITY Act. She stated that without legislative progress, significant liquidity will migrate abroad, depriving the United States of capital accumulation, technological development, and innovation opportunities. Abernethy emphasized that passing the bill would repatriate liquidity, attract investment, and help the U.S. maintain its competitive edge against nations like China.