President Donald Trump Just Told Congress to Pass the Clarity Act. Here's the Most Likely Scenario for What Happens Next.

President Trump is urging the Senate to pass the Clarity Act, landmark crypto legislation that would clarify regulatory jurisdiction and define key terms like 'mature blockchain' and stablecoin yield rules. With a 73% likelihood of a Senate vote before the August recess and 70% odds of passage, the bill faces a tight timeline and requires seven Democratic votes. However, concerns about congressional crypto profits, criminal investigation scope, and stablecoin language from various stakeholders could complicate passage.