Crypto's SEC gains could be reversed: Dems reportedly float a Clarity Act rewrite giving the SEC more power and the CFTC less "Democrats aim for major changes to Clarity Act with…
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Crypto's SEC gains could be reversed: Dems reportedly float a Clarity Act rewrite giving the SEC more power and the CFTC less "Democrats aim for major changes to Clarity Act with election win." "If …
Crypto's SEC gains could be reversed: Dems reportedly float a Clarity Act rewrite giving the SEC more power and the CFTC less "Democrats aim for major changes to Clarity Act with election win." "If we get a Clarity Act or something similar, it will now be written by the people who hate the industry most. It took about three hours for this to come true." "Maxine Waters, has now floated new language for an updated version, basically, of what would replace the Clarity Act, as predicted before. This was cited by 3 industry sources who spoke with Democrat staffers and reported by my friend Eleanor Terrett." "The main ideas here are a larger SEC role and a smaller CFTC role, which seems like it's not a big deal right now because we have a very favorable SEC and a very favorable CFTC." "When the pendulum inevitably swings back, anything being done right now by the SEC that's pro-crypto could effectively be reversed."
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