Cryptocurrency is about to become mainstream 📣📣📣

🇺🇸 The CLARITY Act has passed the House of Representatives (294:134 votes) and will soon be voted on in the Senate. The bill regulates digital assets under the CFTC and will reshape the US crypto market:

1️⃣ Clear regulations, lower costs: Compliance exchange operating costs are expected to decrease by 35%, removing barriers for institutional funds.

2️⃣ Accelerated institutional inflows: Over the next two years, the proportion of crypto assets held by US pensions, insurance, and other institutions is expected to rise from 3% to 12%, bringing in approximately $120 billion in new funds.

3️⃣ Stablecoin market doubles: After regulatory clarity, the compliant stablecoin market size in the US is projected to grow from $120 billion to $250 billion.

4️⃣ Industry reshuffle: 30%-40% of non-compliant small and medium exchanges may exit, while the TVL of mainstream DeFi protocols could increase by 150%.

This bill marks the transition of the US crypto market from "wild growth" to a "compliance-driven" phase. The $56 million lobbying effort by banks against it is expected to fail, and the market will consolidate around leading compliant platforms. Future competition will focus on data and licenses.
$BTC