On September 30, Matt Hougan, Chief Investment Officer (CIO) of U.S. cryptocurrency management firm Bitwise, released a memo analyzing why the market rose even after the cryptocurrency market structure bill (Clarity Act) stalled in the U.S. Senate. He concluded, 'Cryptocurrencies have traded long-term certainty for better rules sooner. It's not a bad trade-off.'
On September 15, the Senate moved to end the debate on the bill and proceed to a vote...
