US Senate just blocked the comprehensive crypto bill.
$COIN and Circle both tanked ~10% after the vote.
Another reminder that regulatory clarity in the US remains a pipe dream. Market reacted fast—this was priced as a potential catalyst for institutional onboarding.
Still no framework. Still no green light. Crypto stocks bleeding while the rest of the market shrugs.
If you're long US-based crypto equities, this is your wake-up call. Regulation isn't coming to save you anytime soon.
$COIN and Circle both tanked ~10% after the vote.
Another reminder that regulatory clarity in the US remains a pipe dream. Market reacted fast—this was priced as a potential catalyst for institutional onboarding.
Still no framework. Still no green light. Crypto stocks bleeding while the rest of the market shrugs.
If you're long US-based crypto equities, this is your wake-up call. Regulation isn't coming to save you anytime soon.