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CLARITY Act draft final text surfaces — a breakthrough for US crypto legislation or just a mirage?
⚖️ CLARITY Act — Trump signs off on ethics provisions; the final draft is here! — is it real legislation in 2026 or just a mirage?
• On July 20, the White House agreed to add ethics provisions (limiting the president and senior officials from holding crypto assets), which is the Democrats’ final core demand
• On July 22, the final draft leaked: ethics provisions expire in 2029, and the Department of Justice is responsible for enforcement
• Polymarket’s prediction for passage this year rose to 43% (after hitting a low last week, it rebounded by 11 percentage points)
• The key disputes are still unresolved: limits on stablecoin yields, DeFi regulation, and liability for non-custodial developers
• If it isn’t pushed forward before August 10, the summer recess plus the midterm elections will completely shrink the legislative window
🅰️ Pass this year! Compromise on the ethics provisions = the last bipartisan obstacle is cleared
🅱️ 2026 is a mirage! There’s simply not enough time before the August recess; midterm elections come first
🅲️ Halfway there! Some provisions may be pushed forward separately, with the full version delayed to 2027
🅳️ Doesn’t matter! Whether the bill passes or not, DeFi players will carry on

💬 Can the CLARITY Act make it across the finish line before the August recess? 🔥#Gate事件合约首发狂欢 #夏日创作营