Senate Shelves Crypto Market-Structure Bill, But Wall Street Keeps Buying Bitcoin
The U.S. Senate has delayed a vote on the Digital Asset Market Clarity Act until September, leaving crypto market regulations in limbo. Despite the legislative stall, institutional investors continue to purchase Bitcoin.
Why it matters
The lack of regulatory clarity continues to create uncertainty for the digital asset industry, even as institutional adoption persists.
The Senate's failure to vote on the Clarity Act before its August recess pushes crypto's long-awaited market-structure rulebook to September, even as institutional buyers keep adding Bitcoin and a hardware-wallet hack underscores the risks of self-custody.
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