JPMorgan: Decreased Likelihood of Clarity Act Passing This Year Hampers Crypto Market Prospects
JPMorgan has stated the decreased probability of the Clarity Act passing this year poses an obstacle to the crypto market and institutional adoption.
JPMorgan indicated that the legislation would provide regulatory clarity, encouraging banks and asset management firms to expand into the digital asset space. Related delays could shift tokenization towards traditional financial infrastructure rather than public blockchain networks.
