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Bitwise CIO: Market Underestimating Probability of Successful Legislation on Cryptocurrency Market Structure

Summary: According to reports, Bitwise Chief Investment Officer Matt Hougan stated that the market is underestimating the probability of successful legislation on cryptocurrency market structure. The likelihood of the CLARITY Act passing is quite high. Cryptocurrencies currently have bipartisan support, with lobbying funds reaching historic levels, and so far, the government has been fulfilling its promises ...

According to reports, Bitwise Chief Investment Officer Matt Hougan stated that the market is underestimating the probability of successful legislation on cryptocurrency market structure. The likelihood of the CLARITY Act passing is quite high. Cryptocurrencies currently have bipartisan support, with lobbying funds reaching historic levels, and so far, the government has been fulfilling its promises to the cryptocurrency industry.

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Link: Bitwise CIO: Market Underestimating Probability of Successful Legislation on Cryptocurrency Market Structure [Copy]

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