WorldPingBernstein said the federal agencies will publish new regulations to compensate for the time lost negotiating the CLARITY Act, after its cloture vote failed on Tuesday.
This is a short WorldPing brief. The full report was published by Cointelegraph.
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WorldPingBernstein expects the SEC and CFTC to drive crypto rulemaking after Senate lawmakers failed to advance Clarity Act legislation.
Brief by WorldPing · Original reporting by The Block
WorldPingIt should not have come as a surprise given the odds, but crypto majors, alts and memes all sold off anyway in the wake.
Brief by WorldPing · Original reporting by Decrypt
WorldPingWith Bitcoin sitting around $76,000, the argument from analysts is that dollar liquidity, not Congress, sets the floor from here.
Brief by WorldPing · Original reporting by Decrypt
WorldPingU.S. spot bitcoin ETFs shed $450 million, the most since June, as the Senate's failure to advance the Clarity Act sent regulatory-sensitive tokens sharply lower.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingBitcoin exchange demand on Coinbase declined after the US Senate voted against the CLARITY Act, while traders sent BTC to exchanges at an unrealized loss.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingThe 49-50 cloture defeat stalled the bill, while the crypto selloff and liquidations had already begun before the vote.
Brief by WorldPing · Original reporting by CryptoSlate
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