During the summer, lawmakers shook up the crypto market by approving the GENIUS Act, a bill designed to bring order to the stablecoin market. As a result, ETH jumped more than 50%, and Solana went on a tear shortly afterward. That rally left traders asking one thing: what could spark the next wave of explosive rallies across the broader crypto market?
Many believe the answer lies in the CLARITY Act, which sets clear guidelines for market structure. That’s why today, we’ll break down what the CLARITY Act is all about, when we can expect it to be passed into law, and why altcoins could be more dependent on it than you might think.
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📺Essential Videos📺
Working Group on Digital Assets 👉 https://www.youtube.com/watch?v=PD_uGS6b3jg
Operation Chokepoint 3.0 👉 https://youtu.be/wrwNU4CqnrA
CFTC Crypto Market Impact 👉 https://youtu.be/rjC9VrJ2e4s
Previous CLARITY Act Update 👉 https://www.youtube.com/watch?v=u1Y85B2mw-g
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⛓️ 🔗 Useful Links 🔗 ⛓️
► CLARITY Act Explained: https://cointelegraph.com/explained/clarity-act-explained-what-it-means-for-crypto-week-and-beyond
► CLARITY Act Delayed: https://coingape.com/senate-clarity-act-markup-delayed-amid-looming-u-s-government-shutdown/
► GENIUS Act Explained: https://cointelegraph.com/explained/what-does-the-us-genius-act-mean-for-stablecoins
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– TIMESTAMPS –
0:00 Intro
1:04 What is the CLARITY Act
5:45 CLARITY Act Progress So Far
7:54 When Could The CLARITY Act Be Passed
10:57 What Happens if the CLARITY Act Doesn’t Pass?
14:13 Potential Downsides of the CLARITY Act
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#clarity #regulation #crypto