Senate just killed the CLARITY Act.
No regulatory framework = prolonged uncertainty for US crypto markets. Expect:
• More offshore migration of projects
• Continued SEC enforcement-by-litigation approach
• Institutional capital staying cautious on US venues
Bullish for non-US exchanges and DeFi protocols that don't touch US users. Bearish for compliant US builders trying to play by unclear rules.
The regulatory vacuum continues. Plan accordingly.
No regulatory framework = prolonged uncertainty for US crypto markets. Expect:
• More offshore migration of projects
• Continued SEC enforcement-by-litigation approach
• Institutional capital staying cautious on US venues
Bullish for non-US exchanges and DeFi protocols that don't touch US users. Bearish for compliant US builders trying to play by unclear rules.
The regulatory vacuum continues. Plan accordingly.
