JPMorgan says crypto bill's fading odds hurt outlook, warns parts could discourage institutional adoption
JPMorgan says crypto bill's fading odds hurt outlook, warns parts could discourage institutional adoption
The falling odds of the Clarity Act passing the Senate before year-end are a setback for crypto markets, JPMorgan analysts said.While the analysts see the legislation as broadly positive for crypto, they warned parts of the current draft could discourage institutional participation.