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Crypto Regulation

Moonrock founder: if Clarity Act fails, SEC will deliver similar pro-crypto policy

Moonrock Capital founder Simon Dedic said the Senate vote on the Clarity Act is expected in about 10 hours, with Democrats rejecting the Republican draft over “ethics concerns” and Polymarket odds having collapsed. Dedic said that if the bill fails, the SEC will instead provide pro-crypto regulation of comparable strength, and warned that any further inaction would cede US leadership in frontier finance and push top companies offshore.

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AI take

Dedic's claim reframes a legislative defeat as a regulatory detour rather than a dead end, which matters because it shifts the expected source of US crypto rules from Congress to the SEC. That distinction affects how durable any eventual framework is: agency-level policy can be reversed with a change in administration, while a statute cannot. The open question is whether the SEC would actually move with comparable scope, and whether the offshore-warning argument gains traction if the bill fails.

Generated by AI for reference only.

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