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Crypto Bill Faces Diminished Passage Prospects This Year
The Block·
TD Cowen reports that the political climate surrounding the Clarity Act has deteriorated, significantly reducing the likelihood of its passage within the current year. This worsening environment poses a challenge for the advancement of cryptocurrency legislation. The firm suggests that ongoing political disagreements and a less favorable legislative atmosphere are key factors contributing to this outlook, indicating potential delays or roadblocks for proposed crypto regulations.
Tags
fintech
regulation
crypto
Original Source
The Block — theblock.co