U.S. Clarity Act Failure Gives Asia and Middle East a Competitive Edge, Says Apex Group CEO
Key Highlights The U.S. Senate failed to advance the Clarity Act in September after falling short of the required 60 votes amid disagreements over ethics rules and stablecoin rewards. Ongoing domestic legislative deadlock leaves companies building blockchain-based financial products facing persistent regulatory ambiguity in the United States. Global financial service providers are expanding abroad, with ...