CLARITY Act delay gives Asian financial hubs an opening: First Digital CEO
60-second summary
The CLARITY Act delay is giving Asian financial hubs an opening, according to First Digital CEO, as industry figures warn that continued legislative limbo could slow institutional adoption, potentially revive regulation by enforcement and push innovation offshore, threatening the US's competitive edge in the rapidly evolving digital asset space, impacting market growth.
Industry figures warned that continued legislative limbo could slow institutional adoption, revive regulation by enforcement and push innovation offshore.