SorooshX / Group

Goldman and Fidelity backed it. It's still dying. The CLARITY Act — the bill that would have drawn clean jurisdictional lines for crypto — is losing momentum in Congress despite backing from Goldman Sachs, Fidelity, and federal law enforcement. Simultaneously, BitMEX is shutting down as the industry consolidates around five dominant platforms, a lawsuit reportedly accelerating its exit. Watch which exchanges absorb BitMEX's volume — and whether CLARITY's collapse pushes U.S. traders further offshore. ‎@SorooshX | SorooshX | SSE | Youtube | Twitter