ETF Store President: The future of the crypto industry does not depend on the CLARITY Act, which mainly serves as an accelerant

Odaily News: Nate Geraci, President of ETF Store, posted on X platform that if the CLARITY Act can secure enough votes and continue to advance this week, it would constitute a positive boost for the crypto industry, but he believes the future of the crypto industry does not depend on this bill.

He stated that under the Trump administration, the U.S. SEC and CFTC will use existing authority to continue driving the crypto industry forward, while the main role of the CLARITY Act is to further accelerate this process and strengthen market confidence that related innovations will not be easily reversed by future policy changes.