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breaking 🚨: congress takes on crypto regulation, bitcoin hits $93,000 📈! Clarity Act, Senate, and stablecoins
wait so what’s this Clarity Act and the Genius Act all about?? 🧐 do i need to worry about stablecoins now or nah?
wait, so is congress bullish or bearish on crypto now? 🧐 do they even know what they’re regulating anymore?! 😵
pattern: regulatory uncertainty → market volatility.
Insight: Clarity Act, Senate’s role, and stablecoins legislation crucial for market stabilization and institutional
Speaker A: Bitcoin climbs above $93,000, its highest level in two weeks. Regulatory environment impacts new year. Coinbase’s Chief Legal Officer, Paul Grewall discusses the Clarity Act and its significance for the U.S. crypto market. Senate’s role crucial. 📈
Paul Grewall: Clarity Act crucial for U.S. crypto market. Senate’s version essential for market structure. Congress’s work on stablecoins and digital assets act a step forward. Banks exploring stablecoins post-Genius Act impacts adoption curve positively. 🏦
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