Injective Policy Chief Says Clarity Act Could Cement Long-Term US Crypto Regulatory Certainty
JH Kim
Summary
- John Medel said the Clarity Act, a U.S. crypto market structure bill, could provide long-term certainty for regulatory policies now being advanced.
- He said the bill is being debated as regulators have already begun pursuing broad and ambitious policies, and that relying only on the administration and regulatory agencies could leave the future direction open to change.
- Medel said congressional legislation could strengthen the institutional foundation and that the Clarity Act offers a chance to give permanence to the current regulatory direction.
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John Medel, head of policy at Injective Labs, said the Clarity Act, a U.S. crypto market structure bill, could provide long-term certainty for regulatory policies now being advanced in the country.
Cointelegraph reported on September 14 that Medel said the bill is being debated as regulators have already begun pursuing broad and ambitious policies.
Policies pushed by the administration and regulatory agencies alone could still shift over time, he said, making congressional legislation a way to strengthen the institutional foundation.
The Clarity Act, he added, offers a chance to give permanence to the current regulatory direction.
JH Kim
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