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The U.S. Senate's crypto bill is in jeopardy, and it's impacting your portfolio more than you thinkLast week felt like a historic breakthrough: the CLARITY Act passed the U.S. Senate Banking Committee with bipartisan support. For the first time in years, Republicans and Democrats agreed on the need for legal clarity in the crypto space. Today, that optimism is facing its first real test. NYDIG, one of the most serious and respected Bitcoin funds in the market, just issued a formal warning: if the bill doesn’t hit the Senate floor for a vote before the August election recess, it’s likely to die. And if it dies, the process resets to zero.

The U.S. Senate's crypto bill is in jeopardy, and it's impacting your portfolio more than you think

Last week felt like a historic breakthrough: the CLARITY Act passed the U.S. Senate Banking Committee with bipartisan support. For the first time in years, Republicans and Democrats agreed on the need for legal clarity in the crypto space.
Today, that optimism is facing its first real test.
NYDIG, one of the most serious and respected Bitcoin funds in the market, just issued a formal warning: if the bill doesn’t hit the Senate floor for a vote before the August election recess, it’s likely to die. And if it dies, the process resets to zero.
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