The ETF Store President: Crypto Industry Future Does Not Depend on CLARITY Act

Nate Geraci, president of The ETF Store, stated on September 14 that while the potential passage of the CLARITY Act is positive, it is not critical to the future of the crypto industry. He argued that under a Trump administration, the SEC and CFTC would utilize existing powers to advance the industry regardless of the bill. Geraci described the CLARITY Act as merely a catalyst that provides assurance that innovation will not be easily overturned, rather than a fundamental driver of the industry's trajectory.