Clarity’s failure could speed crypto innovation while shielding incumbents
Executives see openings for tokenization, DeFi and dealmaking, while lawyers warn agency action leaves spot-market oversight and lasting certainty unresolved.
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Summary
- SEC and CFTC initiatives could expand regulated onchain trading and institutional access.
- Legal experts expect gradual progress, with gaps Congress must address.
- Executives see opportunities for DeFi, but established exchanges could retain their competitive advantage.

