BlackRock's Exec Says CLARITY Act Is 'Less Critical' for Bitcoin Other Cryptos
BlackRock says the Clarity Act matters less for Bitcoin as institutions increasingly treat BTC like digital gold.
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DTCC completes its first live blockchain trades in tokenized stocks and Treasurys with JPMorgan, BlackRock and nearly 40 institutions.
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BlackRock says the Clarity Act matters less for Bitcoin as institutions increasingly treat BTC like digital gold.
Read original at benzingaGoldman Sachs has joined Wall Street in backing the Digital Asset Market Clarity Act, but prediction markets suggest final passage is unlikely until mid-2027 at the earliest due to Democratic concerns about ethics provisions. The crypto industry may need to rely on regulatory support from the SEC, CFTC, and OCC if the legislation stalls. Companies with strong Wall Street relationships like Coinbase and Circle are positioned to grow regardless of the Clarity Act's passage.
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Read original at benzinga