The Block (@TheBlockCo): THE BLOCK: TD Cowen says that while the SEC and CFTC are stepping in to set crypto policy after the Clarity Act failed to advance in the Senate, agenc…
Estimated coin impact
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THE BLOCK: TD Cowen says that while the SEC and CFTC are stepping in to set crypto policy after the Clarity Act failed to advance in the Senate, agency actions are easier to reverse than legislation. "To us, fully implemented rules are most sustainable while orders are the easiest to rescind," the investment bank said.