The CEO of BitGo has warned that US regulators may proceed with their own rulemaking efforts if the Clarity Act does not pass into law. This legislation, which aims to delineate regulatory oversight of digital assets between the SEC and CFTC, passed the House but has not yet become law. The CEO’s comments suggest that regulatory bodies are prepared to act independently to establish guidelines for the crypto market. This development aligns with a decreased likelihood of the Act’s passage in 2026, as reflected in market pricing. Observers will closely monitor the Senate Banking Committee’s response and any regulatory actions that could preempt the Clarity Act.
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