🚨💥 DURÍSIMO GOLPE PARA CRYPTO: THE U.S. SENATE STOPS THE CLARITY ACT
The crypto market took a major hit today from Washington 🇺🇸📉.
The U.S. Senate failed to advance the CLARITY Act, one of the most important regulatory proposals aimed at setting clear rules for the cryptocurrency market.
The legislation sought to more precisely define which assets would fall under the oversight of the SEC and the CFTC, as well as establish rules for exchanges and other market participants.
🔥 AND THE MARKET REACTED.
Following the outcome, Bitcoin fell by around 4%, while some companies linked to the crypto sector also recorded sharp declines. Reuters reported that Coinbase and Circle fell by approximately 9%.
⚠️ Important: this does not mean the CLARITY Act has disappeared forever or that crypto regulation has come to an end. The result represents a major legislative hurdle and leaves the project’s near-term future in a much more uncertain situation.
📉 Crypto had its eyes on Washington… and Washington responded with pressure on the market.
#Crypto #Bitcoin #CLARITYAct
$BTC
The crypto market took a major hit today from Washington 🇺🇸📉.
The U.S. Senate failed to advance the CLARITY Act, one of the most important regulatory proposals aimed at setting clear rules for the cryptocurrency market.
The legislation sought to more precisely define which assets would fall under the oversight of the SEC and the CFTC, as well as establish rules for exchanges and other market participants.
🔥 AND THE MARKET REACTED.
Following the outcome, Bitcoin fell by around 4%, while some companies linked to the crypto sector also recorded sharp declines. Reuters reported that Coinbase and Circle fell by approximately 9%.
⚠️ Important: this does not mean the CLARITY Act has disappeared forever or that crypto regulation has come to an end. The result represents a major legislative hurdle and leaves the project’s near-term future in a much more uncertain situation.
📉 Crypto had its eyes on Washington… and Washington responded with pressure on the market.
#Crypto #Bitcoin #CLARITYAct
$BTC
