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JPMorgan Chase: The CLARITY Act may be approved by mid-year and serve as a catalyst in the second half of the year
Svmuu News JPMorgan Chase Analysts stated in a recent report that the CLARITY Act, U.S. legislation aimed at structuring the crypto market, is expected to be approved by mid-year and could serve as a positive factor in the second half of the year. The bill has already made progress in the House of Representatives, while the Senate is still deliberating on it, with controversies surrounding stablecoin revenue arrangements and conflicts of interest involving government officials.Analysts noted that if the bill passes, it could clarify the regulatory framework, shift the current enforcement-oriented regulatory model, and impact tokenization and institutional participation. The report also outlined potential effects, including alleviating compliance pressures for major tokens, supporting innovation, facilitating secondary trading, allowing banks to custody digital assets, and driving the tokenization of real-world assets. (TheBlock)
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