Crypto Is Winning in Washington Despite Clarity Act Failure, Policy Chief Says
- —The Clarity Act failed in the Senate but gave regulators political cover to act
- —The CFTC opened public comment on leveraged retail crypto trading rules
- —SEC and CFTC rulemaking takes 18 to 24 months and can be overturned by the Congressional Review Act
- —A Clarity revival before the November midterms is unlikely but possible
Why it matters: Crypto's US regulatory future now rests with two agencies racing a deadline less than two years away.
Source: BeInCrypto