Morning Minute: The Clarity Act Has New Life
The White House reportedly agreed to an ethics package for the CLARITY Act and sent language to some Senate Republicans, potentially removing the main obstacle to crypto’s market-structure bill. The unresolved issue has been whether the president, senior officials, and their families can profit from crypto. Senate Democrats, led by Elizabeth Warren, had refused to support CLARITY without strict ethics limits, especially after Trump disclosed over $1.2 billion in crypto income. If the ethics language is real, it could give Democrats cover to advance the bill and lead to updated text soon. Markets responded modestly: Polymarket’s odds of CLARITY passing in 2026 rose after the news, but the bill still looks unlikely this year. Still, any real progress could be a major bullish catalyst for Bitcoin and broader crypto if it attracts sidelined institutional capital.
