CLARITY Act just died in Senate 49-50. 11 votes short.
The honeymoon between crypto and Washington? Over.
Market dumped across the board. Here's what killed it:
1. Presidential conflict of interest clause - pure political theater
2. Community banks freaking out over stablecoin yields draining deposits
Now what?
$BTC stays fine (commodity status locked). Everything else? Back to regulatory limbo.
Altcoin compliance path = blocked. Uncertainty timeline just extended indefinitely.
If you were banking on US clarity for alts, reassess your thesis.
The honeymoon between crypto and Washington? Over.
Market dumped across the board. Here's what killed it:
1. Presidential conflict of interest clause - pure political theater
2. Community banks freaking out over stablecoin yields draining deposits
Now what?
$BTC stays fine (commodity status locked). Everything else? Back to regulatory limbo.
Altcoin compliance path = blocked. Uncertainty timeline just extended indefinitely.
If you were banking on US clarity for alts, reassess your thesis.
