Crypto Bull Market Can Continue Without CLARITY Act, Bitwise CIO Predicts

TLDR

• Bitwise CIO expects crypto growth to continue even if the CLARITY Act misses the Senate deadline.
• Matt Hougan said regulatory uncertainty will not stop expanding institutional adoption of digital asset markets nationwide.
• CLARITY Act passage odds dropped as Senate failed to advance cloture before the August recess deadline.
• Bitwise expects SEC rulemaking to support crypto markets even without immediate congressional approval of the legislation.
• Hougan said tokenization, stablecoins, ETFs, and institutional adoption continue driving long-term crypto market expansion independently.

Crypto markets may continue growing even if the CLARITY Act misses the Senate’s August recess deadline, as Bitwise CIO Matt Hougan said the industry’s long-term momentum remains intact despite ongoing legislative uncertainty.

Bitwise CIO Says CLARITY Delay Would Not End Crypto Growth

Bitwise Chief Investment Officer Matt Hougan said the crypto industry can continue expanding even if the CLARITY Act does not receive a Senate vote before lawmakers leave for the August recess. He described the current week as an important period for the digital asset market structure bill but said a delay would not end its chances of becoming law.

… Continue reading the full article at the original source below.