Bitcoin Reserve Advances as Clarity Act Falls Apart in DC
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While the Clarity Act's collapse has left U.S. agencies racing to patch together substitute rules for crypto markets, the Bitcoin Reserve initiative has continued to move forward, signaling institutional momentum independent of stalled legislation.
This divergence highlights a pattern traders have noted repeatedly this cycle: Bitcoin-specific policy progress and infrastructure development often proceed even when broader crypto regulatory frameworks remain unsettled or contested.
The SEC's parallel push into tokenized markets adds another layer, with brokers and custodians positioning for onchain settlement infrastructure that could eventually intersect with Bitcoin-backed financial products.