I choose D
Reason: A large part of the uncertainty in the crypto market comes from regulation. The CLARITY Act being delayed means that hard new rules won’t be implemented in the short term, giving the entire industry room to breathe. Whether it’s tokenized stocks or other crypto assets, they can continue to develop in a relatively more permissive environment. Compared with market moves and product iterations, regulatory policy is the underlying variable that can determine the overall direction of the entire track.
Reason: A large part of the uncertainty in the crypto market comes from regulation. The CLARITY Act being delayed means that hard new rules won’t be implemented in the short term, giving the entire industry room to breathe. Whether it’s tokenized stocks or other crypto assets, they can continue to develop in a relatively more permissive environment. Compared with market moves and product iterations, regulatory policy is the underlying variable that can determine the overall direction of the entire track.
