🎬 Congress Just KILLED Crypto's Biggest Bill
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➤ The 'Clarity Act,' a significant piece of crypto legislation in the US, faces severe delays due to congressional scheduling conflicts and ethical disputes, significantly reducing its passage odds.
➤ Market sentiment has turned negative, with significant liquidations and ETF outflows reflecting the uncertainty, while regulators like the SEC and CFTC are proceeding with rule-making independently.
➤ Despite legislative setbacks, agency interpretations and international regulatory progress (e.g., MiCA in Europe) suggest a path forward for crypto regulation, albeit with less permanence than a statutory law.
#Clarity Act #Congress #SEC #CFTC #crypto legislation #market uncertainty #regulatory clarity
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Wednesday, August 12, 2026
Congress Just KILLED Crypto's Biggest Bill
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