Something happened yesterday that almost nobody is talking about.
Trump cancelled a Congressional signing event at the last minute. The event was for the bipartisan housing bill — which also contained a CBDC prohibition.
Coin Desk flagged this directly: his refusal could delay Congress and potentially imperil the CLARITY Act timeline.
The July 4 window everyone was watching is now looking uncertain.
I find this genuinely frustrating to write about because the CLARITY Act is probably the single most important piece of legislation for crypto in a generation. It defines which coins are legal. It unlocks billions in institutional inflows. It removes the legal cloud over SOL, ADA, AVAX and a dozen others.
And it’s potentially getting delayed because of a housing bill disagreement.
Meanwhile Polkadot and XRP Ledger ecosystems are the only two sectors in green today. DYOR!!
Trump cancelled a Congressional signing event at the last minute. The event was for the bipartisan housing bill — which also contained a CBDC prohibition.
Coin Desk flagged this directly: his refusal could delay Congress and potentially imperil the CLARITY Act timeline.
The July 4 window everyone was watching is now looking uncertain.
I find this genuinely frustrating to write about because the CLARITY Act is probably the single most important piece of legislation for crypto in a generation. It defines which coins are legal. It unlocks billions in institutional inflows. It removes the legal cloud over SOL, ADA, AVAX and a dozen others.
And it’s potentially getting delayed because of a housing bill disagreement.
Meanwhile Polkadot and XRP Ledger ecosystems are the only two sectors in green today. DYOR!!