Hupzy (Spot On Chain)|7ๆ 21, 2026 20:59
๐ The CLARITY Act is on the verge of passage after Trump made ๐ต๐ถ๐๐๐ผ๐ฟ๐ถ๐ฐ ๐ฒ๐๐ต๐ถ๐ฐ๐ ๐ฐ๐ผ๐ป๐ฐ๐ฒ๐๐๐ถ๐ผ๐ป๐ โ accepting curbs on his own crypto activities to clear the final obstacle to the major crypto market structure bill.
The White House is now pushing Democrats to accept the deal. Treasury Secretary Bessent earlier called the bill "at the one-yard line," and BTC moved higher on the signal. The ethics provision was the key sticking point โ Trump's concession removes it.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: This is the most significant regulatory catalyst for crypto in years. The CLARITY Act would end SEC/CFTC jurisdictional ambiguity that has suppressed institutional adoption and token launches. Trump accepting ethics curbs on his own activities signals real willingness to compromise โ raising the odds of final passage. If it clears, expect accelerated institutional flows into BTC and ETH. Key risk: Democrats could push for stronger ethics terms and stall the deal.
BTC read: price already priced in momentum from Bessent's comment. A confirmed floor vote schedule would be the next leg higher. Watch for Democratic counterproposals โ a breakdown could trigger a pullback to prior support.
source: CoinDesk
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