The impact of the Clarity Act’s setback is far less severe than current news headlines suggest.
Author:Matt HouganTranslated by Shaw, Golden Finance
The crypto bull run does not require Washington’s approval. The following data confirms it.
The Clarity Act failed to pass yesterday. It needed 60 votes in the Senate to advance but ultimately received only 49. All Democratic senators voted against it, along with some Republican members.
This is regrettable. The Clarity Act was a high-quality proposal. It would have strengthened investor protection and established a regulatory framework for the crypto industry that could remain in effect beyond the current administration’s term.
The most direct question right now is: Will the setback to the…
