Crypto Industry Points to SEC and CFTC After CLARITY Setback

Crypto Insight Summary: Trade groups and executives responded to the Senate blocking the CLARITY Act by pointing at agency rulemaking, saying the SEC and the CFTC can keep writing crypto rules without the bill. Several framed the loss as one of permanence, since a future agency chair can rewrite a rule and repealing a Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Regulatory uncertainty persists but SEC/CFTC actions may provide interim clarity.