The Clarity Act looked like it could be a major bullish catalyst for crypto markets. Reality hit differently.
What actually happened? This legislation would've cemented restrictive rules—arguably worse than the current regulatory landscape. That's when Coinbase took decisive action and blocked its passage.
Why does this matter? Because regulatory overreach right now could strangle the entire industry's potential. By preventing these tighter restrictions, the path forward stays alive for both institutional capital and builders trying to innovate in Web3. The door doesn't slam shut; it stays cracked open for real opportunities to emerge.
The Clarity Act looked like it could be a major bullish catalyst for crypto markets. Reality hit differently.
What actually happened? This legislation would've cemented restrictive rules—arguably worse than the current regulatory landscape. That's when Coinbase took decisive action and blocked its passage.
Why does this matter? Because regulatory overreach right now could strangle the entire industry's potential. By preventing these tighter restrictions, the path forward stays alive for both institutional capital and builders trying to innovate in Web3. The door doesn't slam shut; it stays cracked open for real opportunities to emerge.