CLARITY Act Failure Opens Door for Trump's SEC to Speed Up Crypto Regulations
The failure of the CLARITY Act to pass could have an unexpected benefit for the SEC under President Donald Trump, according to ETF expert Nate Geraci.
Geraci suggests that this might allow the SEC to expedite regulations for the crypto industry via existing legislation.
However, Congress has yet to act on the CLARITY Act, and the SEC appears to be moving forward with its own plans for regulating cryptocurrency.