Coinbase-Backed Group Warns Midterms May Bring Crypto Market Volatility
A group backed by Coinbase is warning of potential payback in the midterms after the Clarity Act failed.
The Clarity Act, which aimed to regulate stablecoins and prevent them from being used for illicit activities, did not pass.
According to the group, this failure may lead to increased volatility and price swings in the crypto market during the midterm elections.