The Clear Act still didn’t pass. This is within normal expectations. This morning, BTC’s low hit $74,800, and it has now rallied back to around $76,000.
This time it’s not the final vote, but a procedural vote. To move forward, it needs 60 votes; in the end, there were 49 in favor and 50 against, so the bill is temporarily stuck.
The most important part of this bill is clarifying the U.S. Crypto regulatory boundaries: how SEC and CFTC divide responsibilities, how trading platforms should be registered, and how DeFi should be regulated.
The problem is also pretty clear now:
Crypto isn’t afraid of strict regulation—it’s afraid that regulation will be stuck in meetings forever.
The bad news can at least be priced in; the most uncomfortable part is that the rules keep hanging in the air.
But it’s not completely over this time either—there’s still room for reconsideration later.
The market still has to wait…👊$
This time it’s not the final vote, but a procedural vote. To move forward, it needs 60 votes; in the end, there were 49 in favor and 50 against, so the bill is temporarily stuck.
The most important part of this bill is clarifying the U.S. Crypto regulatory boundaries: how SEC and CFTC divide responsibilities, how trading platforms should be registered, and how DeFi should be regulated.
The problem is also pretty clear now:
Crypto isn’t afraid of strict regulation—it’s afraid that regulation will be stuck in meetings forever.
The bad news can at least be priced in; the most uncomfortable part is that the rules keep hanging in the air.
But it’s not completely over this time either—there’s still room for reconsideration later.
The market still has to wait…👊$
