Bitwise's CIO says the crypto delay is due to uncertainty, not the outcomes of the CLARITY Act. Markets will quickly readjust once uncertainty fades, regardless of whether new laws are enacted.

🏛️ House Unveils Sweeping Crypto Tax Drafts as Support for Market-Structure 'Clarity Act' Slows 1. The US House Ways and Means Committee has released seven discussion drafts aimed at overhauling how digital assets are taxed, providing much-needed guidelines for investors. 2. Meanwhile, the broader crypto market-structure bill, known as the Clarity Act, is facing heavy headwinds and mounting criticisms ahead of an upcoming Senate vote. 3. Consumer advocates and Wall Street lobbyists are clashing over the bill's regulatory framework, causing its approval odds to slip significantly. Bobbi thinks: The simultaneous push for clear taxation and the stalling of comprehensive market-structure legislation highlights Washington's disjointed approach to integrating digital assets into the legacy financial system. Subscribe to The Crypto Current on Bobbi for supporting links, newsletter, and podcast.

💥Why is no one talking about the Clarity Act? Every other day there are posts talking about what the future holds for XRP or why hasn't the price moved at all and why is it taking so long. Under all of those posts, nobody mentions the Clarity Act which will give regulatory clarity to the crypto industry in the US. When it is made into law hopefully in July 2026, we will finally see the price of XRP move. Garlinghouse has been talking about regulatory clarity for years. It is one of the reasons XRP got sued by the SEC. Now please, stop talking about the price. Just keep your eyes focused on the Clarity Act.

The clarity act will be passed!! They already have things lined up

Trump allies, including Treasury Secretary Scott Bessent and Senator Cynthia Lummis, are confident that the Clarity Act will pass despite tough headwinds. Bessent calls it essential for the future of Bitcoin and digital asset markets, noting how even the Clarity Act’s slight progress has always moved markets to highlight the impact of the pending law. Lummis shares the optimism, believing it has the votes to advance, while pushing back on big bank lobbying and community bank concerns over stablecoin provisions. Meanwhile, Polymarket bettors are split, with "Yes" on passage this year clinging to just 51%. Banks like JPMorgan are fighting hard, and scheduling clashes aren't helping.

SENATE IS GOING TO GET CLARITY ACT DONE ✅

🚨 U.S. House Ways & Means Committee to hold crypto tax hearing next week. 7 draft bills aim to clarify rules on stablecoins, staking, mining, and small transactions. Proposals include tax exemptions for crypto payments under $200–300 and clarifying that digital asset lending isn’t a taxable event. 🧵 #Crypto #Tax #Web3

The CLARITY Act has officially been placed on the U.S. Senate Legislative Calendar. If approved, it would establish clearer regulatory boundaries between the SEC and the CFTC, providing a more defined framework for the crypto industry in the United States. For years, regulatory uncertainty has been one of the most discussed challenges in the sector. This bill represents another step in the ongoing effort to bring greater clarity to the U.S. crypto market. #Crypto #Bitcoin #Regulation

I cannot overstate how excited I am for this. This is what I was hoping would be in the Clarity act, but I'll take it either way! Now deal with $BTC long term capital gains taxes plz, congress.