The crypto industry remains skeptical about Democrats’ promises to restart negotiations on the stalled CLARITY Act, a cryptocurrency regulation bill currently blocked in the US Senate. The bill failed with a 49-50 vote, with analysts placing less than 30% odds on its passage by 2028. Pro-crypto analyst Nate Geraci dismissed the promises as mere talk, accusing Democrats of taking a purely anti-crypto stance. Facing this deadlock, the SEC and CFTC indicated they would accelerate their own rulemaking to provide a clear legal framework for the sector.
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