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Laser eyes, but make it legislation
Sen. Cynthia Lummis basically went full Bitcoin maxis on Thursday, posting a Game of Thrones-style meme with laser eyes and the phrase “Clarity Is Coming” after the CLARITY Act cleared a major Senate vote. If that sounds like politics meeting crypto Twitter in a bar, yep — that’s the vibe.
Why investors are paying attention
The bill’s progress matters because it could help define the rules of the road for digital assets in the U.S. That’s the kind of stuff that can change whether crypto companies are treated like the adults in the room or the kids sneaking into the grown-ups’ section.
A few notable reactions:
- Coinbase CEO Brian Armstrong called it a “historic day” and said the bill had improved since earlier negotiations.
- Circle CEO Jeremy Allaire said the company was thrilled with the momentum behind the legislation.
- SEC Chair Paul Atkins applauded the committee’s bipartisan vote and said he looked forward to implementation.
Warren’s warning shot
Not everyone was popping champagne. Sen. Elizabeth Warren blasted the bill, arguing it doesn’t do enough to address conflicts of interest tied to President Donald Trump and his family’s crypto ventures. She also warned, in classic no-nonsense fashion, that when this thing blows up, people should remember who voted for it.
So what happens now?
The bill heads to the Senate floor, where negotiators still have work to do before anything becomes law. Two Democrats who voted yes on committee said their support isn’t guaranteed forever, which means this still has a few plot twists left.
Big picture: crypto just got a little closer to a clearer rulebook — and in Washington, that’s about as close to a standing ovation as it gets.