What If the Clarity Act Doesn't Pass This Year? Here Are 3 Ways to Bulletproof Your Crypto Portfolio.
Plan for the contingency now so that you won't be chasing the market later.
Overview
The Senate has scheduled a cloture vote for the Clarity Act on Sept. 15. That vote will be a procedural test that determines whether the chamber will take up the bill for a final vote at all this year, and no matter what happens, the crypto market will react. If it's voted down or delayed, that would likely cause an immediate dip in crypto prices across the sector, if not a rout.
As of Sept. 4, prediction markets put the odds of the Clarity Act's passage before the end of the year at just 16%, so investors in that space should be preparing themselves and their portfolios for any eventualities. So without further ado, here are three ways to protect your crypto portfolio.
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Originally published at www.fool.com.