The bill failed, but that was said to have preserved the regulatory moat of industry giants. On October 12, DeepChao TechFlow cited a CoinDesk report: The Digital Asset Market Clarity Act failed to pass the U.S. Senate, shifting the focus of crypto regulation to the SEC and CFTC. Lev Breydo, a professor at William & Mary Law School, said the bill exposed the industry's disagreements.
The SEC has already introduced an exemption period for tokenized U.S. stock trading, while the CFTC is seeking feedback on new rules for leveraged trading. Paul McCaffery, head of KBW, said this situation is driving digital asset M&A. Bitwise executive Matt Hougan believes the institutional route is more favorable in the short term, but the bill's setback preserved the regulatory moat of giants such as Coinbase ($COINB ). Lawyer Kevin Kreuser added that without congressional legislation, asset tokenization still faces jurisdictional challenges.
$COINB is currently priced at 182.74 USDT, up 0.86% over 24 hours.
#加密监管 #Clarity Act
The SEC has already introduced an exemption period for tokenized U.S. stock trading, while the CFTC is seeking feedback on new rules for leveraged trading. Paul McCaffery, head of KBW, said this situation is driving digital asset M&A. Bitwise executive Matt Hougan believes the institutional route is more favorable in the short term, but the bill's setback preserved the regulatory moat of giants such as Coinbase ($COINB ). Lawyer Kevin Kreuser added that without congressional legislation, asset tokenization still faces jurisdictional challenges.
$COINB is currently priced at 182.74 USDT, up 0.86% over 24 hours.
#加密监管 #Clarity Act