🛑 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