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Event

BitGo CEO compares CLARITY Act failure to Lehman Brothers collapse

  • Earliest collected report:ForkLog

BitGo CEO Mike Belshe expressed concern over the failure of the CLARITY Act. He noted that this leaves the US crypto market vulnerable to risks associated with the concentration of exchange, broker, and custodian functions in one company.

In brief

  • The BitGo CEO expressed concern over the failure of the CLARITY Act.
  • The failure of the CLARITY Act left the US crypto market vulnerable.
  • Exchange, broker, and custodian functions are often combined in one company.
  • The consequences of such a company’s collapse could be serious.
Covered by 1 of 6 media groups
  • Budget not in the collected reports
  • Public money not in the collected reports
  • Media business 1 source
  • Big capital not in the collected reports
  • Readers and grants not in the collected reports
  • Undisclosed not in the collected reports

No newsrooms from these groups in the collected reports: budget, public money, big capital, readers and grants, undisclosed.

What are media groups?

Share of reports by media group
GroupShareCount
Media business
  • Newsroom 2
100%2 items

How we count media groups — Methodology

Who the outlets write for
  • community 1
  • region 0
  • country 0
  • world 0
Channels
  • Websites 1
  • Telegram 1

How we measure speed, distance and channels

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