Regulation· ★★★★· neutral·

White House: Crypto market structure can't wait for post-election Clarity Act revival

  • —White House and Treasury officials see little hope for the Clarity Act returning in a lame-duck session
  • —Crypto market structure now hinges on regulators rather than new legislation
  • —The bill previously failed in the Senate, hitting shares of Coinbase, Circle and Strategy
Why it matters: Without the Clarity Act, U.S. crypto rules will be set by the SEC and CFTC, adding uncertainty for exchanges and tokens.
Source: CoinDesk
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