Giancarlo says US crypto can thrive without the Clarity Act

Former CFTC Chairman Christopher Giancarlo said the U.S. crypto industry can keep innovating even if the Clarity Act stalls in Congress, though unresolved regulatory questions may still weigh on growth. His remarks signal that market participants should not treat the stalled digital-asset market-structure bill as a precondition for building in the U.S. The comments come as crypto firms continue launching products and expanding onshore despite the absence of comprehensive federal rules. Giancarlo’s stance contrasts with industry voices that have pressed lawmakers to pass the Clarity Act to resolve jurisdictional questions between the SEC and CFTC. Watch whether congressional momentum on the bill revives and how firms adjust U.S. investment plans if legislative delays persist.