Clarity Act setback could fast-track crypto regulation, Bernstein says
TL;DR Summary
Bernstein says a failure to pass the Clarity Act would accelerate crypto rulemaking by the SEC and CFTC under Project Crypto, with lawmakers negotiating amid a tight Senate window; while a passage failure could spark a market dip, regulators would continue pushing for clearer token classifications, DeFi rules and self-custody guidance.
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