🛑 US Senate Delays Vote on Landmark Crypto Bill
The “CLARITY Act” won’t move forward for now, after pushback from major players like Coinbase CEO Brian Armstrong.
Key points:
• Bill aimed to define which tokens are securities vs. commodities
• Industry says the draft could hurt innovation more than having no rules
• Regulatory limbo in the US continues to stall institutional adoption
Meanwhile, Europe is moving ahead with MiCA, giving crypto businesses clearer guidance.
⚠️ US crypto market still facing headwinds as global peers get regulatory clarity.
#CryptoRegulation #CLARITYAct #USCrypto #defi #InstitutionalCrypto