The Clarity Act stalled at 49-50. It didn’t even reach a formal debate. Four Republicans crossed and the Democratic bloc voted against it, with Trump’s conflict of interest as the central argument.
Bitcoin $BTC neared $75,000, Ethereum $ETH lost the 2,400 level, and spot ETFs recorded one of the worst days of outflows since June. The market had bought the idea that this week would bring a federal framework. Instead, it ended with a headcount and an election calendar on top.
If this path cools off until 2027, who sets the rules in the meantime: the SEC, the CFTC, or the market itself?
Source: CoinDesk
Bitcoin $BTC neared $75,000, Ethereum $ETH lost the 2,400 level, and spot ETFs recorded one of the worst days of outflows since June. The market had bought the idea that this week would bring a federal framework. Instead, it ended with a headcount and an election calendar on top.
If this path cools off until 2027, who sets the rules in the meantime: the SEC, the CFTC, or the market itself?
Source: CoinDesk
