TD Cowen Sees Worsening Political Risks for the CLARITY Act
TD Cowen keeps CLARITY Act passage odds at 40% due to a worsening political environment. The Senate Banking Committee advanced the bill, but it still needs 60 votes in the full Senate. The main conflict is Section 307, which bars Congress and the President from crypto trading and targets Trump’s ventures. Jaret Seiberg, an analyst...
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