- Hougan said the collapse of the Clarity Act could leave the industry with a more favorable regulatory environment in the short term instead of long-term legislative certainty.
- He said the rise in the crypto market after the bill failed reflected expectations for a more favorable regulatory environment in the near term.
- Hougan said the bill’s failure could benefit platforms such as Coinbase that use stablecoin rewards to attract customers.
Forecast Trend Report by Period
Matt Hougan, chief investment officer at crypto asset manager Bitwise, said the collapse of the Clarity Act could leave the industry with a more favorable regulatory environment in the short term rather than long-term legislative…
