Crypto
White House and CFTC Meetings Could Decide Crypto Regulation's Future Amid CLARITY Act Delay
The crypto market is bracing for a crucial week ahead of it, with U.S. regulation taking center stage after the CLARITY Act missed its expected August window.
The Senate's decision to delay voting on the bill until September at the earliest has left the industry looking towards executive and regulatory meetings this week.
The White House is scheduled to meet with crypto leaders on Wednesday, followed by a CFTC meeting on Thursday to discuss crypto rules.
Crypto traders are also keeping an eye on Bitcoin's price, which fell to a 31-day low of $62,500 amid widespread selling that wiped $85 billion from the total market cap.