Regulation· ★★★· neutral·

Arthur Hayes: CLARITY Act harms Bitcoin and US crypto innovation

  • —Hayes: CLARITY Act is bad for real innovation and market-driven products
  • —Bitcoin has existed since 2009 without the CLARITY Act and does not need it
  • —Regulation should not be a precondition for development and innovation in the industry
Why it matters: The statement comes amid the failure of a procedural vote on the CLARITY Act in the Senate and debates over the future of US crypto regulation.
#BTC
Source: PANews
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