Moonrock Capital founder Simon Dedic said in a post on X that a Senate vote on the Clarity bill was expected in about 10 hours, while Democrats had already verbally rejected the Republican draft over what he mocked as "ethics concerns." He added that the implied odds on Polymarket had collapsed and that the market had already priced in a likely failure for the bill. Even so, Dedic said he was looking forward to the vote because it would allow the industry to move past the issue and shift attention to what he described as more important matters. In his view, if the bill does not pass, the U.S. Securities and Exchange Commission could still roll out regulatory measures that are similarly supportive of crypto. If that also fails to happen, he argued, Democrats would bear responsibility for surrendering U.S. leadership in frontier finance and allowing some of the world’s most dynamic companies to move offshore.
Moonrock Capital founder Simon Dedic said in a post on X that a Senate vote on the Clarity bill was expected in about 10 hours.
Dedic wrote that Democrats had verbally rejected the Republican-backed draft over what he described as "ethics concerns." He also said the odds on Polymarket had "collapsed," with the market already pricing in expectations that the bill could fail.
Still, he said he was looking forward to the vote regardless of the outcome, arguing that it would finally allow the debate to move on and shift focus to what he called more important issues.
Dedic added that if the bill does not pass, the crypto sector could still get regulatory support of similar force from the U.S. Securities and Exchange Commission. If not, he said Democrats would be responsible for handing away U.S. leadership in frontier finance and watching some of the world’s most dynamic companies relocate offshore.
He closed by saying that politics is frustrating, but that the United States is not foolish enough to let that outcome happen, adding: "What is meant to come will come, and we will win in the end."
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