Opinion: Clarity bill failed to pass, crypto executives see opportunities for DeFi

Legal experts pointed out that the regulatory framework will be gradually advanced, but the U.S. Congress still needs to fill relevant gaps. CoinDesk reports that crypto industry executives generally believe that the failure of the Clarity Act to pass may create development opportunities for decentralized finance, while mature exchanges may maintain their competitive advantage. In addition, regulatory initiatives by the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission may promote the expansion of regulated chain transactions and stimulate the enthusiasm of institutional investors to participate.