Bernstein Says U.S. Crypto Framework Positions Nation as Global Leader
Wall Street broker Bernstein said the U.S. has taken a decisive step toward becoming the world’s crypto capital with the rollout of a comprehensive regulatory framework.
The GENIUS Act, now law, accelerated the stablecoin market, pushing U.S. dollar–backed supply beyond $260 billion, the broker said in a Wednesday report. The forthcoming CLARITY Act, expected in late 2025, will establish the first cohesive market structure for digital assets, clearly dividing responsibilities between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) and resolving years of regulatory uncertainty, it said.
According to analysts led by Gautam Chhugani, the centerpiece of this transformation is SEC Chair…
