Only a few weeks remain before the Senate’s summer recess, and White House officials and U.S. senators are racing against the clock to untie the final ethical knot in the Clarity Act on crypto.
The key point is a rule limiting personal gain in crypto for senior officials, primarily targeting President Trump’s relationships with the industry. The Democrats see this as a prerequisite, but they still have not found common ground. This Thursday’s meeting, possibly involving Chief of Staff Susie Wiles, is the last attempt to narrow the gap before the Senate adjourns.
If the Clarity Act is passed, a clear legal framework will be a major boost for the sustainable growth of the market. But don’t forget: politics always holds surprises. Whether Trump is willing to accept restrictions that affect himself remains an open question.
Positive macro signals, but for traders, this is the time to monitor developments closely. Don’t FOMO or panic-sell based on unconfirmed news. Always manage risk and do your own research (DYOR) before every decision.
#ClarityAct #CryptoPolicy #USRegulation
The key point is a rule limiting personal gain in crypto for senior officials, primarily targeting President Trump’s relationships with the industry. The Democrats see this as a prerequisite, but they still have not found common ground. This Thursday’s meeting, possibly involving Chief of Staff Susie Wiles, is the last attempt to narrow the gap before the Senate adjourns.
If the Clarity Act is passed, a clear legal framework will be a major boost for the sustainable growth of the market. But don’t forget: politics always holds surprises. Whether Trump is willing to accept restrictions that affect himself remains an open question.
Positive macro signals, but for traders, this is the time to monitor developments closely. Don’t FOMO or panic-sell based on unconfirmed news. Always manage risk and do your own research (DYOR) before every decision.
#ClarityAct #CryptoPolicy #USRegulation
