todayonchain.com

Crypto Industry Will Be ‘Just Fine’ If CLARITY Act Doesn’t Pass: Chris Perkins

Cointelegraph
Chris Perkins argues the US crypto industry will remain resilient even if the CLARITY Act fails to become law.

Summary

Chris Perkins, CEO of 250 Digital Asset Management, stated that the US crypto industry's long-term momentum is secure regardless of whether the CLARITY Act passes. He notes that federal regulators are already establishing essential stability and taxonomies through their current interpretations of securities laws. While Perkins believes the act would provide valuable permanent protection against future policy reversals, he emphasizes that the industry is successfully moving past the era where being labeled a security was considered a business failure.

(Source:Cointelegraph)