Nate Geraci, president of The ETF Store, said the CLARITY Act would be a positive development if it secures enough votes to advance this week, but he does not see the bill as decisive for the crypto industry’s long-term trajectory. In his view, U.S. regulators including the Securities and Exchange Commission and the Commodity Futures Trading Commission can still support the sector under existing authority during the Trump administration. Geraci argued that crypto is moving faster than the pace of policymaking, to the point that by the time Washington fully recognizes how much the financial system has already changed, the shift may be difficult to reverse. He described the CLARITY Act as an additional tailwind rather than the factor that determines whether the industry succeeds, saying its main value lies in improving policy visibility and reinforcing market confidence that innovation already in motion will not be easily rolled back.
BlockBeats reported on Sept. 14 that Nate Geraci, president of The ETF Store, said the CLARITY Act would be a positive step if it gathers enough votes to move forward this week, but he does not believe the bill will determine the future of the crypto industry.
Geraci said that under the Trump administration, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) can still use their existing authority to support the development of the crypto sector. He added that the industry is advancing much faster than the policy cycle. By the time political leaders in the U.S. realize that the financial system has already been upgraded, that trend may be hard to reverse.
He described the CLARITY Act as an extra catalyst. According to Geraci, the bill would mainly strengthen market confidence that innovation achievements are not easily reversible and give the crypto industry clearer policy expectations, but the sector’s future does not depend on whether the legislation ultimately passes.
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