Benchmark: The CLARITY Act may change the pattern of institutions adopting cryptocurrencies

Odaily Planet Daily News: Benchmark analyst Mark Palmer pointed out in a report that the long-awaited CLARITY Act may change the game rules of the digital asset market and trigger a wave of institutional adoption. The analysis believes that the CLARITY Act aims to establish a clear regulatory framework for digital assets in the United States, distinguishing cryptocurrencies as commodities or securities. This legislation can provide traditional financial institutions, including asset management companies, hedge funds, and banks, with many of them maintaining a wait-and-see attitude due to legal and compliance uncertainties. （CoinDesk）