The Clarity Act’s passage odds just jumped to 43% after unverified reports suggest President Trump has agreed to drop a key ethics provision blocking the bill—potentially paving the way for the first major federal crypto regulations. The provision, which barred politicians from profiting from crypto while in office, had been the final hurdle, especially with Trump’s own memecoins and family investments under scrutiny. Democrats haven’t even seen the bill’s text yet. Markets reacted positively, with Bitcoin, Ether, and XRP gaining, though traders note AI and semiconductor stocks likely drove much of the rally. With a Senate deadline looming in early August, the situation remains fluid—official confirmation and the bill’s text are still pending, keeping investors on edge as they wait to see if this legislative breakthrough holds.
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