According to one lawyer testifying before a House subcommittee hearing, the CLARITY Act could grant the CFTC the authority it needs to address the “explosive growth of prediction markets.”
Why This General News Matters
The broader cryptocurrency market is shaped by regulation, institutional adoption, and macroeconomic conditions. This development is worth monitoring as it could influence overall market direction.
This is for informational purposes only — not financial advice.
Always do your own research (DYOR) before making any investment decisions.
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