Traders: The US Digital Asset Market Structure Act, the Clarity Act, is unlikely to have a significant impact on Bitcoin.

PANews reported on December 20th, citing Cointelegraph, that veteran trader Peter Brandt stated that while there are indications the Clarity Act, the US digital asset market structure bill, could pass Congress as early as January, it is unlikely to have a significant impact on Bitcoin prices. However, he emphasized that the bill would still be an important step forward for the entire crypto industry. "The positive aspect of the Clarity Act is that it will greatly clarify the regulatory structure of crypto assets." Similar to Brandt's view, Ledn's Chief Investment Officer, John Glover, believes the potential passage of the Clarity Act has already been "priced in" by the market.