#Encryption Regulation
Officials from the White House and the Treasury Department said that the work on market structure has been handed over to regulators, and that they can’t wait until after the election to take a gamble on the Clarity Act.
Who it affects: exchanges, token issuers, and all teams that have staked their compliance pathway on the legislative timeline. The bill’s specific text and timeline are still unclear, and some believe that the lame-duck session of Congress may review it again.
Assessment: If no bill text is released in the coming months, the main variables in market structure will be left only to regulators’ enforcement interpretations—not congressional votes.
$XRP $PENGU $KERNEL
Officials from the White House and the Treasury Department said that the work on market structure has been handed over to regulators, and that they can’t wait until after the election to take a gamble on the Clarity Act.
Who it affects: exchanges, token issuers, and all teams that have staked their compliance pathway on the legislative timeline. The bill’s specific text and timeline are still unclear, and some believe that the lame-duck session of Congress may review it again.
Assessment: If no bill text is released in the coming months, the main variables in market structure will be left only to regulators’ enforcement interpretations—not congressional votes.
$XRP $PENGU $KERNEL
