Crypto Doesn't Need a Whole New Set of Laws

For at least eight years, Congress has been trying—mostly without success—to craft a dedicated regulatory framework for digital assets and the markets where they trade, according to the article. It questions how advisable that ongoing push has been, especially as lawmakers continue to revisit the issue. The latest attempt, the 635-page Clarity Act, reportedly collapsed this month, triggered by an effort connected to its own provisions. While details of the breakdown aren’t fully included in the excerpt, the thrust is clear: repeated legislative work has struggled to reach consensus, leaving crypto regulation uncertain and still subject to piecemeal approaches.