The ETF Store President: The future of the crypto industry does not depend on the Clarity Act, which only acts as a catalyst.
1 hours ago
Nate Geraci, president of The ETF Store, wrote in a post that while it would be positive if the CLARITY Act secures enough votes to advance this week, he does not believe the bill will be decisive for the crypto industry’s future. Under the Trump administration, the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) can still leverage their existing authority to support crypto sector growth. The crypto industry is evolving far faster than policy-making cycles; by the time U.S. policymakers recognize the financial system has already upgraded, the trend may already be irreversible. The CLARITY Act will only serve as an additional catalyst, providing clearer policy expectations for the crypto sector by boosting market confidence that innovations will not be easily reversed, though the industry’s future does not hinge on the bill’s passage.
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