More than a year ago, the House passed the Clarity Act.
There’s been progress since — thousands of hours of bipartisan negotiations took place at the staff and Member levels. The Senate Committees on Banking and Agriculture advanced their respective titles. And Senate Republicans produced a floor-ready product that, as I type this, is waiting for a vote.
It’s disappointing — but not surprising — that Senate Democrats are choosing politics on the cusp of a major victory for American leadership. Find another instance in history where Congress, when given the choice, opted to push an industry out of the United States rather than smartly regulate it. American Exceptionalism was once a bipartisan goal; if Clarity fails, I have serious doubts.
These same Democrats — many of whom have taken millions of dollars from the crypto industry — proclaim that Clarity lacks safeguards for consumers and falls short in countering illicit finance. Nothing could be further from the truth. Titles II and III materially uplift regulatory and compliance obligations for digital asset intermediaries, placing them on similar footing with traditional financial institutions. The Blockchain Regulatory Certainty Act — which Washington lobbyists have spun up as a boogeyman for certain groups of prosecutors and law enforcement — does nothing other than codify longstanding Treasury Department policy that’s remained consistent across Administrations: non-custodial builders and developers are not, and have never been, subject to registration obligations under the Bank Secrecy Act. And at this point, major law enforcement trades that once opposed the bill, including the Fraternal Order of Police, have now endorsed it.
The Senate needs to vote NOW on this landmark legislation. The truth is that Senate Democrats are afraid to advance the Clarity Act as they fear Senator Warren and the “Anti-Crypto Army” she once promised to build. In the days ahead, Leader Thune will put this theory to the test. Will Senate Democrats be on the side of American Exceptionalism, or will they opt to cede American leadership of a global industry for fear of the bespectacled squirrel’s Left flank?
America will lead or America won’t. It’s not more complicated than that. I believe Satoshi once said it best:
“If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.”
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🇺🇸 America can lead the way in crypto! Just waiting on @LeaderJohnThune to schedule Senate floor vote for Clarity Act.
Let's do this!
PASS CLARITY ACT!
Look, I’m the last guy in America to carry water for Donald Trump on ethics. Everyone knows my record.
But he agreed to restrictions here. Democrats won real concessions across the bill. And some people still want to pretend nothing counts unless they get 100%.
That is not legislating. Pass
CLARITY
The stakes are real. If the U.S. fails to pass the CLARITY Act, we cede jobs, investment, economic competitiveness, and financial leadership to overseas competitors.
Pass the CLARITY Act.
Fidelity urges Senate passage of the CLARITY Act. The time is now for clear rules of the road that are essential to strengthening investor confidence, providing certainty for market participants, and reinforcing U.S. leadership in global digital asset markets.
Digital Credit is transparent because the principal market risk factor is Bitcoin, an observable, homogeneous asset. Analysts can assess BTC-related credit risk continuously, and investors can apply their own statistical models to inform valuation and trading decisions. $STRC
We have published our own credit model, allowing anyone to input BTC price, volatility, and ARR assumptions to evaluate model-implied BTC Risk, BTC Credit spreads, BTC Years of Dividends, and BTC Breakeven ARR. https://t.co/uTlyGWcQWW
We are going to 10-20x from these prices
I bet my entire life, 9-10yrs worth of research & entire net worth on this moment
I warned you about the nasty correction…
Now I’m warning you that life changing wealth is about to come
BREAKING: 🇺🇸 NEW VERSION OF THE #BITCOIN CLARITY ACT BILL IS NOW EXPECTED TO DROP AS SOON AS NEXT WEEK – COINDESK
IT’S TIME TO DELIVER CLEAR RULES FOR CRYPTO IN AMERICA 👏
₿E PREPARED. IT'S FINALLY HAPPENING 🚀
JUST IN: Former New York governor Andrew Cuomo URGES Congress & the White House to pass the crypto CLARITY ACT.
"I've always believed that the technology was going to revolutionize the financial system for the better."
"Faster, more efficient, more access 24/7, better for the consumer, & better for the economy"
Thrilled to announce American Bitcoin crossing the 8,000 BTC mark! 🇺🇸
Even with crypto market volatility, I want to reiterate how we continue to differentiate ourselves, mining at a 52% profit margin in Q1 and continually adding to our treasury, all while maintaining one of the lowest SG&A ratios in the industry
The stacking continues.
Huge congrats to the incredible @ABTC team! Onwards we go!
Hard consensus is Bitcoin’s immune system. Fees price block space. Nodes set policy. Miners build blocks. Holders allocate capital. Protocol changes must earn overwhelming alignment, so bad ideas fail before becoming iatrogenic protocol changes. $BTC