Tom Lee Says Crypto Can Keep Rallying Even if the CLARITY Act Fails
Tom Lee says crypto can keep rallying even if the CLARITY Act fails, arguing that demand for crypto matters more than any single piece of legislation.
The CLARITY Act would give crypto a clearer regulatory framework under the CFTC. If it fails, Lee notes the CFTC and SEC would still remain the main federal regulators overseeing the industry.
Lee points to prediction and sports markets as examples of sectors that kept growing despite regulatory uncertainty.