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Clarity Act Stalls Crypto Ambitions | Bitcoin and Crypto News
Description
Haider Rafique from OKX warns that the Clarity Act’s chances of passing this year are slim due to partisan politics, with Democrats reluctant to give Republicans a win before midterms. He argues that without federal clarity, top talent and investment are fleeing to other jurisdictions, hurting U.S. crypto innovation. While some market optimism around the bill is already priced into Bitcoin, Rafique predicts only a modest bump if it passes—or a sharper drop if it fails, possibly pushing BTC below $55K. Meanwhile, OKX is partnering with ICE to bring its market data and products to millions of users, launching complex derivatives and exploring tokenized equities, event contracts, and prediction markets as regulation evolves.
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