Strategy Founder: After CLARITY Stalls, Regulators May Continue Advancing Crypto Rules Under Existing Laws

Odaily News: Strategy founder Michael Saylor stated that as the CLARITY Act faces obstacles in advancing, he expects the SEC, CFTC, and the U.S. Treasury Department to continue pushing forward related regulatory rules under existing laws, while banks will expand Bitcoin custody and Bitcoin-collateralized lending businesses, with more capital potentially flowing into Bitcoin and digital credit sectors.

Saylor also stated that the GENIUS Act will drive stablecoin adoption, and the crypto industry's development does not need to wait for the U.S. Congress to take action.