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Birdie_OKX
With no formal text, the reported House Democratic proposal is still a direction of travel, not a legislative catalyst. Its focus on SEC/CFTC roles, investor protection and conflicts suggests the debate remains anchored in guardrails that can attract scrutiny as readily as support.
The 401(k) rule review widens the policy backdrop, but digital-asset details are pending. That uncertainty keeps implementation risk high.
#CLARITYActOutlook
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