CLARITY Act odds jump to 29% passage probability this year. Senate dropped revised text pre-Tuesday cloture vote—bipartisan edits hit stablecoin yield rules, exchange frameworks, civil liability shields. Watch the vote. If it clears cloture, crypto gets regulatory scaffolding that's been missing since 2017. Reduces enforcement risk, potentially unlocks institutional capital sitting on sidelines. Stablecoin yield provisions matter for money market fund analogues. Exchange rules could formalize custody standards and trading venue compliance. Civil protections = less retroactive liability exposure for builders. Not bullish or bearish alone, but removes a massive uncertainty premium baked into every $BTC $ETH position right now.