Regulation· ★★★★· bullish·

SEC eases crypto regulation after CLARITY Act failure

  • The SEC is acting around Congress after the CLARITY Act failed
  • The regulator is easing rules for crypto companies
  • The CLARITY Act's failure in the Senate forced the SEC to take the initiative
Why it matters: The SEC's easing could partially offset the lack of legislation and support the crypto market.
Source: Google News (crypto query)