Bamboo CEO says US CLARITY Act could have 'domino effect' globally

Blake Cassidy, CEO of Australian cryptocurrency investment firm Bamboo, said the passage of the U.S. CLARITY Act could create a "domino effect," prompting other countries and regulatory authorities to follow America's lead. In an interview with Cointelegraph, Cassidy stated that if the U.S. passes the digital asset market structure bill and establishes a regulatory framework, he believes other jurisdictions will have no choice but to follow. He added that they cannot afford to be left behind.