CLARITY Act isn't dead. Senate vote failed 49-50 (needed 60), but Senator Thom Tillis flipped his vote to NO at the last second and filed a motion to reconsider. Why? Only the winning side can call for a revote. He's keeping the door open.
Meanwhile, two other crypto bills are moving TODAY:
1. Digital Asset Tax Certainty Act
Exempts small transactions from capital gains tax. This is what actually lets you use crypto for everyday payments without getting wrecked by the IRS.
2. American Reserve Modernization Act
Bans the U.S. government from selling $BTC for at least 20 years. Supply shock incoming if this passes.
Bottom line: CLARITY stalled, but the crypto legislative push in D.C. is far from over. Multiple fronts, multiple shots on goal.
Meanwhile, two other crypto bills are moving TODAY:
1. Digital Asset Tax Certainty Act
Exempts small transactions from capital gains tax. This is what actually lets you use crypto for everyday payments without getting wrecked by the IRS.
2. American Reserve Modernization Act
Bans the U.S. government from selling $BTC for at least 20 years. Supply shock incoming if this passes.
Bottom line: CLARITY stalled, but the crypto legislative push in D.C. is far from over. Multiple fronts, multiple shots on goal.
