CoinDesk·3 min read·medium
JPMorgan says fading Clarity Act odds weigh on crypto outlook
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Will Canny
✦AI Summary
JPMorgan analysts report that the declining probability of the U.S. Clarity Act passing this year poses a risk to the crypto industry's growth. The bank warns that regulatory delays may allow traditional financial infrastructure to absorb blockchain applications before public crypto networks can fully mature.
JPMorgan (JPM) said falling odds of the Clarity Act passing the U.S. Senate this year are a setback for crypto markets, warning that further delays could undermine one of the industry's biggest regulatory catalysts.
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