Regulation· ★★★· bearish·

Lummis: CLARITY Act failed over Democrats' stance on affiliate trading rules

  • —Lummis: Democrats sought stricter limits on affiliate trading than the House draft
  • —Drafters amended the bill, but Democrats still voted it down
  • —CLARITY Act remains stuck in the Senate with no clear timeline
  • —Regulatory clarity in the US is delayed, weighing on institutional investors
Why it matters: Without a US market-structure law, regulatory uncertainty persists and keeps institutional crypto demand in check.
Source: Siam Blockchain
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