Saylor: Bitcoin doesn't need the CLARITY Act, banks are the next phase
- —The CLARITY Act failed a procedural Senate vote 49-50, short of the 60 needed
- —Bitcoin briefly dropped below $75,000 after the vote
- —SEC Chairman Atkins said crypto rulemaking will continue without the law
- —Saylor: BTC adoption will come through bank custody and collateralized lending
Why it matters: It signals that institutional demand for Bitcoin can grow through banks and regulators even without comprehensive legislation.
Source: Coinpaper