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CLARITY Act Stalled, Crypto Watch | Bitcoin and Crypto News
Description
The CLARITY Act, aimed at regulating digital assets in the U.S., is slipping out of reach before Congress’s summer break, sparking fears of another crypto market dip—though recovery could rebound by Q3 or Q4 ahead of midterms. Its failure may push regulators like the CFTC and SEC to accelerate their own initiatives, such as Project Crypto, while banking giants push back on the bill’s draft, fearing uneven oversight. Meanwhile, White House officials are weighing a new ethics proposal from bipartisan talks, hinting that political momentum continues—even as regulatory uncertainty lingers.
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