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Regulation
TD Cowen Predicts Democratic Congress Would Block CLARITY Act for Two Years
(4 hours ago) · 1 source · Summarized by CryptoBipto
Investment bank TD Cowen has stated that if Democrats gain control of Congress, the CLARITY Act would likely be shelved for at least two years. The CLARITY Act is a proposed piece of legislation aimed at providing regulatory clarity for digital assets in the United States.
WHY IT MATTERS
In the United States, there is no single, comprehensive law that clearly defines how cryptocurrencies should be regulated.
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SOURCES
- bitcoinmagazine.com
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US Crypto RegulationCLARITY ActCongressional PoliticsRegulatory Clarity
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