Peter Schiff: Bitcoin “worthless” after the failure of the CLARITY Act

- Crypto critic Peter Schiff used the failure of the CLARITY Act in the Senate to continue attacking Bitcoin.
- Schiff considers Bitcoin to be an “worthless” asset due to a lack of legal transparency.
- The failure of this bill in the U.S. Senate increases regulatory uncertainty for the crypto market.
- The event highlights the split in viewpoints between conservatives and reformers on how to regulate cryptocurrencies.

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Source: U.Today