CLARITY Failure May Have Accelerated Crypto Rules
Bitwise CIO Matt Hougan (
@Matt_Hougan) says the stalled Clarity Act created room for faster regulatory action.
The Senate failed to advance the bill on Sept. 15 after a 49 to 50 vote. Days later, the SEC approved temporary relief for trading tokenized stocks onchain.
The SEC also issued new crypto guidance on Sept. 25.
Hougan argues crypto gained quicker rules while losing longer term legislative certainty.