JPMorgan says fading Clarity Act odds weigh on crypto outlook
The bank said deteriorating prospects for U.S. market structure legislation remove a key catalyst for digital assets, even as tokenization and institutional adoption advance.
Make preferred on
Share this article
Summary
- JPMorgan said falling odds of the Clarity Act passing this year are a setback for crypto markets and institutional adoption.
- The bank said the legislation would provide regulatory clarity, encouraging banks and asset managers to expand into digital assets.
- Delays could push tokenization onto traditional financial infrastructure instead of public blockchain networks.
