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