Bernstein said the federal agencies will publish new regulations to compensate for the time lost negotiating the CLARITY Act, after its cloture vote failed on Tuesday.
Bernstein analysts expect “aggressive and swift” rulemaking from the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), after the Digital Asset Market Clarity (CLARITY) Act failed to pass a Senate cloture vote on Tuesday.
Bernstein analysts said the regulatory agencies will publish new regulations to “make up for the time lost negotiating the CLARITY Act,” in a Wednesday note shared with Cointelegraph.
The analysts said they expect agency regulations including token taxonomy for raising capital, developer protection measures concerning decentralized finance and self-custodial protocols, innovation exemptions for equity tokenization, faster approval times for real-world asset perpetual futures, and amendments to rules around federal sports even contracts and their classification as swaps.
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