Bankers Unfazed by Regulatory Hurdles, Continue Crypto Dealmaking
The Clarity Act, which aims to provide regulatory clarity for digital assets in the US, has stalled in Congress. Despite this setback, bankers are not hitting the brakes on crypto dealmaking.
In fact, according to a report by CoinDesk, bankers and investors remain optimistic about the future of cryptocurrencies and blockchain technology.
'Bankers aren't stopping their investment or activity in the space,' said a source. 'They're just waiting for clarity on what the regulatory environment will look like.'