About this episode
Two surprise Democrat votes just rerated the entire crypto policy timeline. After the Senate Banking Committee advanced the Clarity Act on a bipartisan basis, Galaxy Digital head of research Alex Thorn moved his odds of the bill being signed this year from a coin flip to 75%. He and David map the seven-week sprint to the president's desk, the ethics-provision standoff that could still sink everything, the bank lobby's quiet obstruction game, and why the stablecoin yield compromise leaves the real fight for rulemaking.------📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24https://bankless.cc/spotify-premium------🔮POLYMARKET | #1 PREDICTION MARKEThttps://bankless.cc/polymarket-podcast 🟦 COINBASE ONE | MEMBER MONTHhttps://bankless.cc/coinbase-one🧭OKX | TRADE, EARN, PAY to OKX | 120M+ USERS WORLDWIDEhttps://app.okx.com/join/USBANKLESS🦊 METAMASK | DOWNLOAD NOWhttps://go.metamask.io/BL-Pod-Download 🌐BRIX | EMERGING MARKET YIELDhttps://bankless.cc/brix💰NEXO | Get your 30-day access to Wealth Club Premierhttps://bankless.cc/nexo ------TIMESTAMPS0:00 Intro0:39 Clarity Act Vote Reactions5:16 What’s Next?10:05 Trump Veto?15:21 Stablecoin Rewards Compromise28:14 Administration Precedence31:02 Why is Clarity So Important?41:01 Which Ecosystems Benefit the Most?42:59 Clarity Act Passing Over-Under48:17 Bitcoin Price After CLARITY49:39 Closing & Disclaimers------RESOURCESAlex Thornhttps://x.com/intangiblecoins Galaxy Digitalhttps://www.galaxy.com/ Senate Banking Committee Advances Crypto CLARITY Acthttps://www.bankless.com/read/news/senate-banking-committee-advances-crypto-clarity-act ------Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures