#ClarityAct #CFTC #CryptoMarket #BitMEX #ArthurHayes
BitMEX co-founder Arthur Hayes criticising the US Digital Asset Market Clarity Act as detrimental to crypto, arguing Bitcoin has succeeded without such legislation since 2009 and will continue to do so.
Hayes say the bill mainly benefits centralised firms and Wall Street interests rather than decentralised innovation, with Bitcoin's price driven by global fiat money supply instead of regulatory frameworks.
The post surfaces as the Clarity Act, which aims to clarify SEC and CFTC oversight of digital assets, recently failed a key Senate procedural vote in September 2026.
BitMEX co-founder Arthur Hayes criticising the US Digital Asset Market Clarity Act as detrimental to crypto, arguing Bitcoin has succeeded without such legislation since 2009 and will continue to do so.
Hayes say the bill mainly benefits centralised firms and Wall Street interests rather than decentralised innovation, with Bitcoin's price driven by global fiat money supply instead of regulatory frameworks.
The post surfaces as the Clarity Act, which aims to clarify SEC and CFTC oversight of digital assets, recently failed a key Senate procedural vote in September 2026.
