Novogratz: CLARITY Act failure would leave U.S. without crypto rules for long
- —Novogratz: without the CLARITY Act, the U.S. risks never getting crypto rules
- —The Senate vote on the bill is set for September 15
- —The Galaxy Digital head urged senators from both parties to back the bill
- —He suggested the SEC and CFTC could spend another two years writing rules
Why it matters: The vote's outcome will determine the U.S. regulatory environment and the risk of crypto companies moving abroad.
Source: PANews
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