Bitwise CIO says CLARITY Act failure will not derail crypto bull market
The CLARITY Act's failure highlights the resilience of the crypto market, with regulatory focus shifting to the SEC and CFTC for guidance. The post Bitwise CIO says CLARITY Act failure will not derail crypto bull market...
Watchlist
Published in the last two hours. Multiple named entities are involved.
The CLARITY Act's failure highlights the resilience of the crypto market, with regulatory focus shifting to the SEC and CFTC for guidance.
The post Bitwise CIO says CLARITY Act failure will not derail crypto bull market appeared first on Crypto Briefing.
Why this matters
CFTC is showing up inside the Regulation theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on Crypto BriefingRelated market context
After Clarity Act Stalls, SEC and CFTC Say They’ll Write Crypto Rules on Their Own
The chairs of the SEC and the CFTC pledged Wednesday to regulate crypto using the authority their agencies have now, one day after...
JPMorgan warns agency crypto rules lack durability after CLARITY Act failure
The failure of the CLARITY Act leaves crypto regulation vulnerable to shifting agency rules, risking instability with each new adm...
SEC, CFTC to draft crypto rules independently, focus on XRP and Bitcoin
Independent crypto regulation by SEC and CFTC may boost market confidence but also introduces uncertainty in Bitcoin's future valu...
Bitwise CIO Hougan revises Clarity Act outlook, says crypto bull market may continue without legislation
Bitcoin climbed above $80,000 in early September despite declining odds of the legislation passing this year, Hougan noted.
Clarity Act failure may hamper U.S. crypto as industry seeks legal clarity elsewhere
The U.S. is likely to lose out to foreign markets in the short term, but SEC and CFTC rules will help underpin the industry.
What CLARITY Act’s Failure Means for XRP, Ripple and Investors
Ripple says the CLARITY Act’s failure does not alter XRP’s established legal position or disrupt its business. The company is emph...