The CLARITY Act would shift crypto oversight from SEC to CFTC, making Friday's vote cancellation part of a larger regulatory chess game.
Without clear rules, crypto projects face prolonged legal ambiguity, raising fundraising costs and pushing talent to international hubs.
Bitcoin traded near $62,800 as of August 14, with regulatory clarity—or lack thereof—remaining a structural factor in price discovery.
Crypto markets now wait for Congress to move on comprehensive digital-asset rules rather than SEC-driven regulation.
Read More →