Regulation· ★★★· bearish·

Crypto lobbying spend falls in Q3 as Clarity Act stalls

  • —Lobbying spend topped $4 million for a sixth straight quarter
  • —Q3 total came in below the Q2 level
  • —Clarity Act push stalled in September
  • —Some lobbying firms dropped crypto clients
Why it matters: Weaker lobbying spend points to a cooling legislative track for the Clarity Act, delaying regulatory clarity for the US market.
#COIN
Source: PANews
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