Investor David Neige commented on X (formerly Twitter) on the 29th that even if the U.S. cryptocurrency market structure bill, the 'Clarity Act,' is stalled in the Senate, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are already advancing parts of the market framework through their joint regulatory project, 'Project Crypto,' not through legislation but by rule-making.
Mr. Neige cited...