Breaking! The U.S. Senate hits the pause button on the crypto market’s “CLARITY”!
Local time September 15, the U.S. Senate failed to advance the “CLARITY Act.” A procedural vote ultimately ended with 49 in favor and 50 against, leaving a clear gap from the threshold required to move it forward.
What does this mean?👇
The bill was originally seen by the market as an important step toward establishing a U.S. digital-asset regulatory framework. It involves core issues such as the regulatory boundary between the SEC and the CFTC, as well as rules for crypto-asset markets.
After the news broke, Bitcoin briefly fell below $76,000, and expectations of “further clarity in U.S. crypto regulation” visibly cooled.
But don’t rush to interpret this as “the U.S. doesn’t want Crypto.”
What’s truly worth paying attention to is: the timeline for regulatory clarity has been disrupted.
#美参议院否决clarity法案
Local time September 15, the U.S. Senate failed to advance the “CLARITY Act.” A procedural vote ultimately ended with 49 in favor and 50 against, leaving a clear gap from the threshold required to move it forward.
What does this mean?👇
The bill was originally seen by the market as an important step toward establishing a U.S. digital-asset regulatory framework. It involves core issues such as the regulatory boundary between the SEC and the CFTC, as well as rules for crypto-asset markets.
After the news broke, Bitcoin briefly fell below $76,000, and expectations of “further clarity in U.S. crypto regulation” visibly cooled.
But don’t rush to interpret this as “the U.S. doesn’t want Crypto.”
What’s truly worth paying attention to is: the timeline for regulatory clarity has been disrupted.
#美参议院否决clarity法案