Clarity Vote May Send US Crypto Development Packing for Asia and Europe

The U.S. may face temporary setbacks in cryptocurrency development after the Clarity vote, but it's unlikely to be a roadblock, according to experts.

Clarity is an alternative smart contract platform that aims to improve scalability and usability for developers.

While some see the vote as a sign of stagnation in U.S. innovation, others believe it will drive development to Asia and Europe, where governments are more supportive of blockchain technology.

'Speed bump, not a roadblock' is how one expert described the impact of the Clarity vote on U.S. development.