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A major compliant exchange's regulatory disagreement with the U.S. Congress suddenly escalated.
Last week, a key news broke in the crypto market: the largest compliant trading platform in the U.S. suddenly withdrew its support for the CLARITY crypto regulation bill just hours before the Senate vote. This move directly caused the scheduled vote to be postponed.
What exactly happened?
In fact, Congress has been pushing forward a crypto regulatory framework called CLARITY—which was originally expected to clarify the long-standing ambiguous regulatory boundaries. But clearly, at the most critical moment, this exchange changed its mind.
What signals does this reflect? Is there a problem with the bill itself, or are there deeper disagreements between the exchange and regulators? As the crypto industry continues to grow, the balance between compliance and innovation is facing new tests.