Regulation· ★★★★· bearish·

18 US state attorneys general oppose CLARITY Act

  • 18 state attorneys general signed a letter opposing the CLARITY Act
  • The Senate vote to begin consideration of the bill is set for September 15
  • The attorneys general claim the bill weakens investor protection and states' rights
Why it matters: The states' stance strengthens resistance to the bill and increases uncertainty over US crypto market regulation.
Source: Bloomingbit