WisdomTree executive: The Clarity Act is not a necessary condition for crypto innovation; existing rules are sufficient.

PANews reported on April 1st that, according to CoinDesk, Will Peck, Head of Digital Assets at WisdomTree, stated that the Clarity Act, currently being debated in Congress, is not a necessary condition for innovation in digital assets, and existing SEC rules are sufficient to support the development of tokenized securities and funds. He believes the SEC has all the tools to promote the development of a high-quality tokenized market. Peck stated that WisdomTree has obtained SEC permission to allow its tokenized money market fund to trade continuously, enabling institutional investors to switch between USD, stablecoins, and funds at any time without waiting for end-of-day processing. He indicated that despite recent volatility in the crypto market, the company's business has not been affected and it will continue to push more regulated investment products onto the blockchain.

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