TD Cowen says crypto market structure bill passage ‘far from assured’ before midterm election
The Block·
60-second summary
TD Cowen warns that passage of the crypto market structure bill, or Clarity Act, before the November midterm election is "far from assured." This uncertainty may impact investor confidence, potentially causing a short-term market correction, and could also affect the price of cryptocurrencies like Bitcoin, which has already seen a slight dip in recent weeks due to regulatory concerns.
The passage of the crypto market structure bill, or Clarity Act, before the November midterm election is "far from assured," said TD Cowen.