Apex Group CEO says Clarity Act failure hands Asia and Middle East an edge
AI summary
Apex Group CEO Peter Hughes said the failure of the U.S. Clarity Act will push digital asset businesses toward faster-moving jurisdictions in Asia and the Middle East. The warning frames stalled U.S. crypto legislation as a competitiveness loss rather than a direct market event. Traders should watch for signs of firms relocating operations or listings away from U.S. venues, which could shift liquidity and regulatory relevance over time.
