Bitwise CIO Says Clarity Act Failure Gave Crypto ‘better rules faster’
Key Highlights: Matt Hougan argues that stalled crypto legislation may have produced faster, more favorable regulatory outcomes for parts of the industry. Stablecoin rewards, tokenization and revenue-generating tokens have benefited from agency actions or existing regulatory gaps, he says. Agency guidance and exemptions can change more easily than legislation, creating a trade-off between speed and ...