Clarity's failure could speed crypto innovation while shielding incumbents

60-second summary

Clarity’s regulatory failure accelerates crypto innovation by exposing gaps that startups can exploit, while established firms remain insulated, executives say, noting opportunities in tokenization, DeFi and deal‑making; however, lawyers warn that aggressive agency action leaves spot‑market oversight ambiguous and long‑term regulatory certainty unresolved, potentially stalling broader market confidence and institutional adoption.