Regulation· ★★★· neutral·

Republicans Losing Congress Would Stall CLARITY Act, Analysts Say

  • —CLARITY Act failed a September procedural vote with 50 in favor against the 60 needed
  • —Democrats criticize the bill over investor protection and conflicts tied to the Trump family's crypto business
  • —After the 2014, 2018 and 2022 midterms, BTC rose 24.5%, 44.9% and 92.3% over the next 12 months
  • —After the 2018 midterms bitcoin fell 45.5% in a single month, so no clear pattern exists
Why it matters: A shift in congressional control could freeze federal crypto market reform in the US and intensify probes into the Trump family's crypto ventures.
Source: Happycoin.club