When FTX collapsed, the parts of it bound by law survived. Mainstream finance is now converging with digital assets, and the law built to protect it the same way is the one the Senate did not pass this week, argues Bullish's Randi Abernethy.

The Clarity Act gives digital assets clear federal rules, keeping financial innovation, talent, and capital in the United States.

When FTX collapsed, the parts of it bound by law survived. Mainstream finance is now converging with digital assets, and the law built to protect it the same way is the one the…