If the CLARITY Act fails, will crypto regulation be left in limbo? The CFTC has gone straight to Plan B—Innovation Task Force head Michael Passalacqua said it himself: progress can be made without legislation. We’ve seen this US playbook too many times: bills get stalled in Congress, regulators hold things together through enforcement and internal working groups, and everyone is left guessing what the rules are. What the market fears most isn’t a lack of regulation—it’s an unpredictable regulatory stance. This is hardly a short-term bullish signal, so don’t trade Plan B as one.

$BTC #CryptoRegulation