Will Trump’s support for the CLARITY Act include ethical provisions, ushering in a new phase for crypto regulation?

Recently, an important signal has emerged in the crypto market.

The U.S. crypto regulatory framework is shifting from “restricting the industry” to “regulating the industry.”

The focus for the market is the progress related to the U.S. CLARITY Act (Digital Assets Market Structure Bill).

If the bill further advances and adds stricter ethical and compliance requirements, it could mean the U.S. is trying to build a clearer digital asset regulatory framework.

This is a very critical change for the entire crypto industry.

In the past few years, what has been the biggest obstacle for the crypto market?

Not technology.

Not users.

But uncertainty.

Companies don’t know:

Which assets count as securities?

Which actions violate regulation?

What rules should trading platforms follow?

This kind of ambiguous environment has kept a large amount of institutional money on the sidelines.

Because for large capital, the biggest fear isn’t risk.

It’s not knowing the rules.

If the CLARITY Act can be implemented, its biggest significance may not be “loosening crypto.”

But rather:

Setting rules of the game for the crypto market.

In the future, it may be further clarified:

Which digital assets fall under commodities regulation.

Which ones fall under securities regulation.

What responsibilities trading platforms need to take on.

What information issuers need to disclose.

This will lower the entry barrier for institutions to enter the market.

Why is the market paying attention to Trump’s stance?

Because over the past few years, the U.S. crypto industry has long believed that the regulatory environment affects the pace of innovation.

And the signals released by the Trump administration lean more toward pushing the U.S. to become a hub for digital assets and blockchain industry.

What the market is trading isn’t just a bill.

It’s whether the U.S. will compete for the right to shape next-generation financial infrastructure.

But there’s an easily overlooked issue here.

Regulatory clarity is a long-term positive for the industry.

However, in the short term, it doesn’t necessarily mean all coins will rise.

The reason is simple.

After regulation becomes clear, the market will move from “trading concepts” to “screening.”

In the past:

If there’s a story, it can go up.

In the future:

There are real users.

There is cash flow.

There is ecosystem value.

Only then can projects win funding for long-term allocation.

From an investment perspective, I think the beneficial directions may include:

First:

Compliant trading platforms.

Once regulation is clarified, institutional capital will need more mature platforms to enter.

Second:

The stablecoin ecosystem.

If the U.S. pushes a digital dollar system, stablecoins could become key infrastructure.

Third:

Layer-1 infrastructure chains.

With more compliant capital flowing on-chain, the value of the underlying network may be re-evaluated.

But the market needs to note:

Regulation isn’t a “bull market button.”

A truly big market move requires:

Policy certainty.

Institutional capital inflows.

Improved liquidity.

All three appearing at the same time.

The CLARITY Act solves the first problem.

The other two still need time to be verified.

My judgment:

U.S. crypto regulation is entering a new stage.

In the past, the market worried:

“Will crypto be banned?”

In the future, the market may be discussing:

“Which projects can survive in a compliant era?”

This means industry logic is changing.

From barbaric growth.

To competition for financial infrastructure.

In one line from a trading desk:

Regulatory clarity isn’t the end of the crypto market—it may be the true starting point for institutions to step in. The next wave of wealth effects may not belong to the projects that tell the best stories, but to the ones that can adapt to the new rules.
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