Crypto’s Dirty Tricks Face Extinction as the Clarity Act Moves to Clean House

TLDR: The Clarity Act splits crypto oversight between the SEC and CFTC to end years of regulatory confusion. Exchanges will need real-time surveillance and proof-of-reserves to stop wash trading and fake liquidity. Fake trading volume could drop by up to 40%, improving transparency but increasing short-term volatility. Institutional capital may return as manipulation risks fall [...]

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