The Clear Act didn’t pass. This is within normal expectations: this morning BTC’s low hit $74,800, and it has now pulled back up to around $76,000.
This time it’s not the final vote, but a procedural vote. To keep moving forward, 60 votes are needed, and in the end there were only 49 in favor and 50 against, so the bill is temporarily stalled.
The most important thing about this bill is to clearly define the U.S. Crypto regulatory boundaries: how the SEC and CFTC should split responsibilities, how trading platforms should be registered, and how DeFi should be regulated.
The problem is also very clear now:
Crypto isn’t afraid of strict regulation—it’s afraid that regulation will be stuck in meetings forever.
At least bad news can be priced in; the hardest part is when the rules are kept hanging.
But this isn’t completely over either—there’s still room for it to be reconsidered later.
#比特币跌至7.6万美元
This time it’s not the final vote, but a procedural vote. To keep moving forward, 60 votes are needed, and in the end there were only 49 in favor and 50 against, so the bill is temporarily stalled.
The most important thing about this bill is to clearly define the U.S. Crypto regulatory boundaries: how the SEC and CFTC should split responsibilities, how trading platforms should be registered, and how DeFi should be regulated.
The problem is also very clear now:
Crypto isn’t afraid of strict regulation—it’s afraid that regulation will be stuck in meetings forever.
At least bad news can be priced in; the hardest part is when the rules are kept hanging.
But this isn’t completely over either—there’s still room for it to be reconsidered later.
#比特币跌至7.6万美元
