SEC, CFTC new rules after CLARITY setback send Bitcoin higher

Congress failing to pass the CLARITY Act is irrelevant because the SEC is bypassing lawmakers to dictate the future of crypto. By launching the "Innovation Exemption" and Project Crypto independently, regulators are proving they don't need legislation to transform the market. Even with rising rates, Bitcoin’s heavy hedging makes it a stronger bet than gold right now. Is the SEC’s move a necessary shortcut or a dangerous regulatory overreach? What’s your take?
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