Clarity Act Odds Surge to 31% as Trump Agrees to Ethics Provisions

Congress is moving closer to passing the Clarity Act, which would provide clarity on crypto market structure and regulation. The odds of the bill's passage have increased to 31% after President Trump agreed to updated ethics provisions that would restrict his family's involvement in crypto.

The revised text of the bill, released last Thursday, adds over 114 new provisions at Democratic request. However, the primary sticking point for Democrats remains untouched - decentralized-in-name-only protocols being placed under CFTC registration and Bank Secrecy Act rules.

If the Clarity Act passes, it could have significant implications for the crypto market. ETH would likely be a big winner, as would revenue-generating protocols like Hyperliquid and Lighter. A rally across the crypto board is also expected, but it's not yet priced in.