Why is following key regulatory events, such as the upcoming Senate vote on the CLARITY Act, important for understanding Bitcoin’s regulatory outlook?
Why is this the correct answer?
This is correct because legislation like the CLARITY Act sets legal guidelines for Bitcoin use, trading, and custody. Tracking such events helps market participants anticipate changes to compliance requirements, licensing, and investor protections. For beginners, understanding the link between policy and market access clarifies how regulations can enable or restrict legal Bitcoin services, influencing long-term adoption.
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