BREAKING: U.S. House Greenlights Landmark Clarity & GENIUS Acts—Crypto’s Regulatory Watershed Moment
Washington just dropped the regulatory hammer—and crypto markets are already pricing in the seismic shift.
The Clarity Act slashes through the SEC's enforcement chaos with razor-sharp jurisdiction rules, while GENIUS throws open the doors for blockchain patents. TradFi lobbyists are reportedly scrambling to water down provisions before Senate review.
Market makers are front-running the news, with BTC liquidity deepening by 18% in pre-market CME futures. One Goldman Sachs alum quipped, 'Finally, legislation that moves faster than a stablecoin depeg.'
Now watch as Wall Street tries to patent 'blockchain but with extra compliance'—their innovation department's busiest day since inventing overdraft fees.
House Clears Path for Landmark Crypto Bills: Vote Set for Thursday
The Clarity Act, which received strong bipartisan support with a 294-134 vote, outlines how authority over digital assets should be shared between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). It also imposes new requirements on crypto companies, such as providing financial disclosures to retail users and separating customer and company funds.
All three bills now head to the Senate, where further debate and potential amendments await.
