Traders Have $5 Billion Riding on the Clarity Act. Schwab Says It Barely Moves Bitcoin

CLARITY Act Senate Vote Hangs on Ethics Dispute as Ripple Sounds the Alarm

The CLARITY Act Senate vote is now racing against the August recess clock, with Trump convening Republican senators at the White House and Ripple warning that a failed bill would leave the same regulatory gaps that enabled the FTX collapse wide open. What the CLARITY Act Actually Does H.R. 3633 is a 616-page piece of legislation. According to the Congressional Research Service, it hands the Commodity Futures Trading Commission (CFTC) oversight o…

CLARITY Act ethics talks reach White House with revised Senate proposal

Senate negotiators have reportedly proposed revised ethics language for the CLARITY Act that would let state authorities enforce restrictions on federal officials’ crypto activities as bipartisan talks continue before the August recess. According to Punchbowl News, Republican Sen. Thom Tillis…

US Senators Sent Revised Ethics Rules to White House for CLARITY Act

Senators Thom Tillis and Ruben Gallego reportedly sent proposed revisions to the White House for ethics rules in the CLARITY Act, pushing back against the administration’s initial offer.

Traders Have $5 Billion Riding on the Clarity Act. Schwab Says It Barely Moves Bitcoin

Traders have roughly $5 billion of notional exposure riding on passage of the CLARITY Act, the bill that would settle who regulates American crypto. Across this year, the bill’s shifting odds account for 4.3% of how bitcoin has actually traded day to day, according to Charles Schwab. Not 43%. Four point three. So the largest concentration in the bitcoin options market is a bet on a variable that barely registers. The two biggest positions on Der…

CLARITY Act Faces Another Critical Weekend as Passage Odds Slide

The uncertainty around the highly anticipated regulatory bill continues with new negotiations in Washington. New ethics proposals and political disagreements threaten the legislation’s chances of becoming law this year. Prediction markets now assign a much lower probability of becoming law this year, around 31%-35%, down from the 70% peaks earlier this year. Highly Important Weekend Popular journalist Eleanor Terrett noted on X earlier today tha…

CLARITY Act Faces Final Push Before August Senate Recess

Anthony Scaramucci believes President Trump could support the bipartisan ethics agreement tied to the CLARITY Act as lawmakers continue negotiations. The proposed changes aim to resolve enforcement disputes, but market expectations for the bill’s passage have declined ahead of the Senate’s August recess.