Bitget CEO Gracy Chen aims to enter the U.S. market in 2027, with or without the CLARITY Act
Source: Fortune ·
Hopes to pass the CLARITY Act died last month, following concerns by U.S. Senate Democrats over potential conflicts-of-interest.
From the source
Bitget still has plans to enter the U.S. market by 2027, despite the recent stalling of legislation that would have set down clearer rules for cryptocurrencies and digital assets, CEO Gracy Chen tells Fortune. “With or without the CLARITY Act, entering the U.S. market is part of our company’s long-term strategy,” Gracy Chen, CEO of Bitget, the world’s sixth-largest crypto exchange by trading volume, tells Fortune. “We are heading towards it, little by little.” Hopes to pass the CLARITY Act died last month, following concerns by U.S. Senate Democrats over potential conflicts-of-interest, specifically that President Donald Trump and other senior government officials may stand to profit via personal cryptocurrency ventures. The CLARITY Act failed to get the 60 votes needed to overcome a Senate filibuster. Still, in Chen’s view, the CLARITY Act’s failure doesn’t undermine an increasingly crypto-friendly regime in the U.S. “Since early 2025, the general vibe around crypto regulation [in…