The CLARITY Act, a key bill for crypto, is stalled in the Senate, while the crypto industry spent over $200 million on elections (according to Public Citizen). The vote’s outcome will affect the regulatory landscape, including the work of the SEC and CFTC. Stocks $COIN and $CRCL are especially sensitive to such news, while $BTC reacts to broader risk sentiment. The full picture will become clear once the results are known.
Will the election results hit crypto stocks harder, or crypto itself? 👇
#CLARITY