Techub News reported that a crypto industry policy lead said the sector still came out ahead in Washington even though the CLARITY Act failed. The view presented in the report was that the industry has kept building influence on Capitol Hill through other channels, including spending by political action committees, or PACs, and lobbying efforts. The source did not provide additional details on the speaker’s identity, the timing of the remarks, or any specific legislative outcome beyond the failed CLARITY Act. The item was distributed as a short policy and regulation update.
Techub News reported that a crypto industry policy lead said the industry still won in Washington despite the failure of the CLARITY Act.
According to the report, the policy lead said the sector has continued to gain influence on Capitol Hill through other means, including political action committee, or PAC, spending and lobbying efforts.
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