Bernstein expects ‘aggressive’ rulemaking from SEC, CFTC, following CLARITY Act failure

Crypto Insight Summary: Bernstein 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. Crypto Insight Analysis: Direction: Bearish Crypto Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Aggressive SEC/CFTC regulations could restrict crypto market activities.