Failure of the CLARITY Act could deepen regulatory uncertainty, potentially destabilizing crypto markets and prompting alternative regulatory efforts.
Bernstein said Congress’s failure to pass the CLARITY Act’s could trigger another leg down for crypto valuations and accelerate policy support from US regulators.
The CLARITY Act's failure may hasten SEC and CFTC rulemaking, potentially enhancing regulatory clarity and boosting market confidence.
Bernstein expects SEC and CFTC rulemaking to accelerate under Project Crypto if the Clarity Act fails to pass this year.
