Today's the day 🚨
Senate holds its cloture vote on the CLARITY Act at 2:15 PM ET — needs 60 votes to proceed to full floor debate. Not a final passage vote, but the gate that decides if the bill still has momentum this year.
Odds have collapsed from 82% (Feb) to just 16-18% now, with three unresolved disputes: ethics rules, DeFi developer liability, and a stablecoin yield provision hitting Coinbase's USDC revenue.
If cloture fails, the bill's effectively dead until 2027.
Watching how $BTC and $ETH react once the result drops.
#CLARITYAct #CryptoRegulation #bitcoin
Senate holds its cloture vote on the CLARITY Act at 2:15 PM ET — needs 60 votes to proceed to full floor debate. Not a final passage vote, but the gate that decides if the bill still has momentum this year.
Odds have collapsed from 82% (Feb) to just 16-18% now, with three unresolved disputes: ethics rules, DeFi developer liability, and a stablecoin yield provision hitting Coinbase's USDC revenue.
If cloture fails, the bill's effectively dead until 2027.
Watching how $BTC and $ETH react once the result drops.
#CLARITYAct #CryptoRegulation #bitcoin