The true watershed for crypto may be just around the corner.

Senate Republicans have just released a new version of the Clarity Act, with a key vote coming next week.

If it passes, its significance may lie not in being “yet another crypto bill,” but in the fact that:

Crypto will finally begin to formally enter the U.S. financial regulatory system.

So, once the compliance process is in place, will it accelerate the crypto industry’s survival-of-the-fittest competition?