Coin Bureau explains that the US crypto market structure bill, the “Clarity Act,” just passed a key Senate committee step, but the real fight is ahead. The bill would finally define when crypto falls under the SEC or CFTC, giving projects legal clarity and potentially ending years of regulation-by-enforcement.
The problem is politics. Republicans need seven Democratic votes, but many Democrats demand ethics rules targeting politicians with crypto exposure, especially because of Trump-linked crypto interests. Trump’s side says he would veto any bill aimed specifically at him, creating a major deadlock.
Key points:
Key Highlights:
- If passed before August, the bill could trigger strong crypto momentum.
- If delayed past summer, regulation may stall until 2030.
- Circle could benefit heavily, while Tether may face pressure under stricter US/EU rules.
- DeFi developers remain exposed after protections were removed from the draft.
- Markets are watching Senate votes, ETF inflows, and White House negotiations closely.
Guy says this is no longer just about crypto regulation, it’s now a political battle that could shape the next major market cycle.
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