Bernstein analysts say the outlook for crypto markets depends partly on whether the U.S. Clarity Act advances this year. In a scenario where the legislation fails to pass, the firm expects crypto prices to face another leg lower. At the same time, Bernstein anticipates that regulatory activity would likely increase even if the bill does not move forward. The analysts point to U.S. regulators potentially accelerating crypto-related rulemaking efforts, including work linked to the SEC and the CFTC. One outlet reports Bernstein’s view that a lack of legislative clarity could coincide with more market pressure, while also expecting regulators to move faster on rules. Another outlet adds that Bernstein expects the acceleration to occur under “Project Crypto,” a reference to coordinated or focused regulatory workstreams. Overall, both reports converge on Bernstein’s central message: a stalled Clarity Act is viewed as a bearish catalyst for crypto markets in the near term, while the absence of legislation could trigger faster rule development by federal financial regulators.
Bernstein warns crypto could fall if U.S. Clarity Act stalls
Bernstein analysts say the outlook for crypto markets depends partly on whether the U.S. Clarity Act advances this year. In a scenario where the legislation fails to pass, the firm expects crypto pric...
- Bernstein says failure of the U.S. Clarity Act this year could lead to another decline in crypto markets.
- Bernstein expects increased or accelerated rulemaking by U.S. regulators if the Clarity Act does not pass.
- The accelerated rulemaking is expected to involve the SEC and the CFTC.
- One report ties the expected acceleration to “Project Crypto.”
- Both accounts present Bernstein’s view as contingent on legislative progress or lack of it.
The broker said failure to pass the Clarity Act this year would likely send crypto lower, but expects U.S. regulators to accelerate rulemaking.
1 hour agoBernstein expects SEC and CFTC rulemaking to accelerate under Project Crypto if the Clarity Act fails to pass this year.
5 hours ago
Amazon MGM develops Warhammer 40,000 animated series with Henry Cavill executive producing
Amazon MGM Studios is developing an animated “Warhammer 40,000” event series, with Blur Studios and Games Workshop invol...
Trump family-linked Bitcoin miner reports second-quarter loss
American Bitcoin Corp., a cryptocurrency miner backed by the Trump family, reports another quarterly loss. Bloomberg say...
Ather Energy Q1 loss narrows as revenue nearly doubles
Ather Energy reports improved performance in its first quarter, with its net loss narrowing and revenue rising sharply,...