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Bitwise CIO: Market Underestimating Likelihood of Crypto Market Structure Legislation Success

Bitwise CIO: Market Underestimating Likelihood of Crypto Market Structure Legislation Success

BlockBeats News, November 12th, Bitwise Chief Investment Officer Matt Hougan stated, “I believe the market is underestimating the probability of successful passage of cryptocurrency market structure legislation.”

“The likelihood of the CLARITY Act passing is quite high. Cryptocurrency currently has bipartisan support, cryptocurrency lobbying funds have reached an all-time high, and so far, the government has also been fulfilling its commitments to the cryptocurrency industry.”

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