Crypto Bulls Have A New Catalyst: It’s Not Bitcoin’s Price—It’s Washington

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For years, crypto rallies have revolved around familiar catalysts: Bitcoin halvings, ETF approvals and institutional adoption. Now, crypto bulls are increasingly focused on something far less glamorous but potentially far more important: Washington.

The latest example came this week after crypto influencer Crypto Rover highlighted reports that the White House is pushing to advance the CLARITY Act before July 4, arguing that trillions of dollars could eventually flow into digital assets if regulatory uncertainty is removed.

While the eye-catching “$30 trillion waiting to enter crypto” claim remains speculative, the underlying thesis is gaining traction across the industry.

The Next Big Crypto Catalyst

The CLARITY Act is designed to establish a clearer regulatory framework for digital assets, helping define how cryptocurrencies and blockchain-based assets are overseen by U.S. regulators.

For years, one of the biggest complaints from crypto companies has been regulatory ambiguity. Firms often found themselves navigating overlapping jurisdictions and uncertain compliance requirements.

Supporters argue that clearer rules could make …

Full story available on Benzinga.com

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