Even if the Clarity Act fails to pass, the US crypto industry will continue to grow.

Chris Perkins, CEO of 250 Digital Asset Management, stated that even if the Clarity Act, which aims to clarify the regulatory framework for crypto, fails to pass Congress, the long-term development of the US crypto industry will not be affected. He pointed out that the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have been continuously building regulatory frameworks to provide stability and certainty for the industry. Perkins stated that regulators are currently clarifying the classification system for crypto assets through policies and practices, and compared to the restrictions imposed by defining tokens as securities in the past, the relevant compliance path is now becoming clearer. He also pointed out that if the Clarity Act is ultimately passed, it will further solidify the regulatory framework, making future policies more difficult to reverse. Recently, market expectations for the bill's progress have increased, with several legislators and industry figures indicating that it is likely to make progress in the near future. (Cointelegraph)