Chris Giancarlo, the former chairman of the Commodity Futures Trading Commission (CFTC), has warned against overestimating the CLARITY Act as the sole solution for cryptocurrency regulation. He argues that crypto innovation continues regardless of whether the bill passes in the U.S. Senate. Regulatory time is running out in Congress while market participants keep building. This warning comes as the debate over a federal legal framework for digital assets remains stalled on Capitol Hill.
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