🚨In the U.S. crypto space, there may be another major variable looming.


The《CLARITY Bill》that the market has been waiting for is now suddenly getting a public “cold shower” from the U.S. Department of Justice.
The reason is simple:
They worry that if the bill passes in its current version,
many future cases involving money laundering, scams, and hacker attacks using cryptocurrencies
may become harder to investigate.
The DOJ believes that
some provisions in the bill grant too much exemption to decentralized protocols, mixing tools, and so on.
If it is truly implemented, law enforcement could lose one of the most important “keys.”
But on the other side,
supporters don’t see it that way at all.
They believe the bill can instead bring more crypto businesses into a regulatory framework,
which is a long-term positive for the industry’s development.
So now there’s a very dramatic scene👇
Supporters say:
This is a crucial step to drive the industry forward.
Opponents say:
This may leave loopholes for criminals.
Even more worth noting is that market expectations for the bill to pass
have fallen fast from over 75% previously to around 40% now.
This means:
What was supposed to be regulatory good news for many,
now comes with new uncertainty again.
For the entire crypto market,
what truly moves prices
is often not whether the bill passes or fails,
but whether the “expectation” has changed.
Once the market starts repricing,
funds often move before the news itself does.
Next,
the voting results from before August
are very likely to become the new focal point for the whole market.
What do you think—
will this bill ultimately pass smoothly?
#PreIPOs第二期OpenAI认购 #GateDEX全面接入RobinhoodChain
OPENAI1.07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
Conan666
· 07-18 06:51
Hurry up and get on board! 🚗
View OriginalReply0
  • Pinned