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The U.S. Senate Banking Committee temporarily canceled the review meeting for the CLARITY bill draft, and the subsequent schedule has not yet been clarified. Behind this change is the clear opposition from the CEO of a certain compliance platform, which has received support from multiple industry institutions. From this incident, it can be seen that the platform indeed has significant influence in Congress's cryptocurrency legislation. In the short term, the market may face a wave of adjustment pressure. After all, the recent strong performance of Bitcoin has largely been driven by market expectations for the advancement of the CLARITY bill. Once policy expectations fade, this enthusiasm is likely to cool down. Further attention is needed on the new developments from the Senate Committee.