5 Crypto Launches That Bet on Clarity but Are Still Going
The cryptocurrency industry spent years citing U.S. regulatory clarity as the prerequisite for its next phase of growth. This past week showed the industry may have had the sequence backward. On Sept. 15, the Senate failed to invoke cloture on the legislation intended to establish a broader market framework for digital assets, with the 49-50 […] The post 5 Crypto Launches That Bet on Clarity but…
The cryptocurrency industry spent years emphasizing U.S. regulatory clarity as a prerequisite for its next phase of growth. However, recent events suggest that the sequence may have been reversed. Despite the Senate's failure to pass legislation establishing a broader market framework for digital assets, blockchain financial infrastructure continued to be built around an anticipated U.S. crypto ecosystem.
Companies like S&P Global, Circle, and Coinbase made significant moves, while the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) also took steps to facilitate the growth of crypto. The Securities and Exchange Commission (SEC) announced it would facilitate on-chain trading of certain tokenized stocks, while the Commodity Futures Trading Commission (CFTC) submitted a proposal to regulate crypto asset transactions and crypto asset markets.
These developments indicate that the industry is moving forward with crypto products and services, even without comprehensive regulatory approval from Washington.
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