Traders Say US Digital Asset Market Structure Bill Unlikely to Significantly Impact Bitcoin

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
The digital asset market structure bill, the Clarity Act, may pass in January, but traders say it won’t move Bitcoin much. Peter Brandt said the bill brings clarity to crypto regulation, a key win for the industry. John Glover of Ledn added the market has already priced in the news. Altcoins to watch could benefit from clearer rules, but Bitcoin’s price is unlikely to see major shifts from the bill.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.