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Trump finally bowed down! Can the CLARITY Act clear the finish line before the August recess?
What has the crypto market feared most over the past month?
Not the Fed’s rate hikes. Not a surge in oil prices.
It’s the CLARITY Act that might be killed.
For most of July, the spotlight on this bill was stuck on a single paragraph—nothing to do with the SEC vs. CFTC jurisdiction split, and not about DeFi exemption provisions. The entire bill stalled on a seemingly simple question:
Can officials profit using digital assets?
The Democrats asked for one more clause: a ban on the president, vice president, members of Congress, and other federal officials from profiting from digital assets while in office.
The Republicans: removed it.
Just that one clause nearly toppled the bill right before the finish line.
Why?
Because everyone knows exactly who that clause targets—Trump.
His meme coins, his World Liberty Financial. Even the financial disclosures from June alone show he earned hundreds of millions of dollars through WLFI. Get him to sign a bill that limits his ability to make money? Are you kidding?
So the bill was effectively sentenced to death for a while.
On Polymarket, the probability of passage slid to 31%, and the market nearly gave up hope. The Senate is set to recess on August 8, leaving only the final two weeks.
Then the turn came.
On the afternoon of July 20, the White House reached an agreement on the ethics provision, and the text was sent to some Republican senators. According to industry sources, Trump approved the proposed ethics language that same night.
You read that right—Trump agreed.
The man whom the outside world believed would “never” sign a bill limiting his crypto interests actually signed it.
Even so, there are still caveats on the news front: other reports say Trump did not formally sign during last week’s meeting, and the Democrats have not yet seen the latest text. The revised bill is expected to be released within the next few days.
But the direction is clear.
Even more aggressively—Patrick Witt, chair of the White House Crypto Committee, was originally scheduled to report to the Georgia Army National Guard on July 27 for mandatory military training. He applied directly for a delay, staying in Washington to push the bill.
If someone who has to go to military training chooses to stay and work overtime, how important do you think this is?
Alright—can it be completed for a vote before the August 7 recess?
My judgment: yes, but extremely tight.
The Senate needs seven votes from Democrats to move forward. Once the ethics provision is settled, Democratic votes will most likely return—because this is a requirement they themselves proposed. Now that it’s been met, there’s no reason to keep opposing it.
But procedurally, the timeline is too tight: after the Senate passes it, the bill must go back to the House for review before it can be sent to the president for signing. With the August 8 recess, at most there’s a little over two weeks left.
Still, there’s one detail worth noting—
The House passed the bill back in July 2025 by 294 votes to 134. In May of this year, the Senate Banking Committee also advanced it 15 to 9. In other words, the bill’s support base has always been there—the only sticking point was this ethics “thorn.”
Once it’s pulled out, what’s left is just the process.
The market is already speaking.
Today (July 21), Bitcoin broke above $65,000, trading at $65,817 (+0.88%), reclaiming a key psychological level. Ethereum rebounded to above $1,930. U.S. spot Bitcoin ETFs have recorded net inflows for 4 straight trading days.
The Fear & Greed Index is still at 25 (extreme fear), but sentiment is clearly repairing.
What is the market betting on?
Betting that the CLARITY Act passes—so U.S. crypto regulation will finally have rules to follow. SEC and CFTC jurisdiction will be clearly separated, and exchanges, custodians, and token issuers won’t have to survive on “enforcement regulation” anymore. Institutional capital can enter openly and legitimately.
Trump isn’t a saint, but he knows when to compromise. The CLARITY Act can make it to today not because politicians suddenly fell in love with Bitcoin—it’s because if they don’t pass it now, all U.S. crypto capital will run to Europe.
A single bill, stuck on one person. One person nods, and the entire industry changes its tune. This is the crypto world of 2026.
Can it be completed for a vote before August 7?
Yes. But don’t expect a smooth ride.
The Democrats haven’t seen the final text yet. The revised version could come out as early as tonight, or it might get delayed a few more days. Any new controversy could close the window.
But the direction is irreversible.
Are the altcoins you’re holding right now betting on the “regulatory bull” after CLARITY passes?
👉 Follow me—every time the bill moves forward by an inch, I’ll help you watch that inch too. #VIP专享4%年化理财 #夏日创作营 $BTC $WLFI $TRUMP