SEC proposed "Regulation Crypto Assets" Aug 18 - $5M and $75M offering exemptions, safe harbor from securities classification. This is separate from the Clarity Act.
Sept 15 Senate cloture vote ≠ final passage. It's the motion to proceed, needs 60 votes (GOP has 53). Odds cut 50%→30% (Galaxy Research).
Two regulatory tracks moving in parallel; SEC acting now, Congress still negotiating ethics/stablecoin/AML language.
Don't price "clarity" in before the checkpoints actually clear...
#ClarityAct #CryptoRegulation #cryptogates
Sept 15 Senate cloture vote ≠ final passage. It's the motion to proceed, needs 60 votes (GOP has 53). Odds cut 50%→30% (Galaxy Research).
Two regulatory tracks moving in parallel; SEC acting now, Congress still negotiating ethics/stablecoin/AML language.
Don't price "clarity" in before the checkpoints actually clear...
#ClarityAct #CryptoRegulation #cryptogates