SEC Cut Loss! CFTC swallows trillions in the crypto market: CLARITY Act decides fate tonight

CLARITY Act: The "Final Battle" of Regulation Split Over Ten Years
SEC/CFTC Jurisdiction Restructure: Commodities under CFTC (spot regulation for Bitcoin, Ethereum, etc.), securities under SEC (ICO projects), completely ending the industry's nightmare of being 'in the process and being sued'.
"Mature Blockchain" graduation mechanism: If public chains like ETH and SOL meet the criteria of decentralization + open source + automated operation, they will be classified directly as commodities, and the SEC regulatory shackles will be lifted! 310
DeFi immunity: protocol front-end, node services, and wallet development are all exempt, Uniswap no longer has to fear the SEC knocking at the door at midnight 36.
Old Zhu summarized: This wave is rolling out the red carpet for Wall Street - traditional institutions can enter without any compliance barriers!
Institutional Action: The Gold Script Repeats, Pensions Need to "Fill the Pit"
Benchmark analyst Mark Palmer stated: Pension funds allocating BTC will replicate the historical performance of gold ETFs! After the approval of gold ETFs in the early 21st century, the gold price rose by 845%. Now that Bitcoin ETFs are just getting started, institutional ammunition is just being loaded.
JPMorgan has taken action: accepting Bitcoin ETFs as collateral, Goldman Sachs is preparing "crypto asset credit assessments", and traditional financial infrastructure is rapidly connecting to the blockchain 310.
Old Zhu summarizes: the retail investors are still waiting for a pullback, while the pension funds are already calculating the annualized returns!
This week's risks and opportunities: Three major bills in a row
CLARITY Act (Vote from July 14-18):
Bullish Trigger: If passed, the CFTC will take over the supervision of the spot market, compliance costs for Coinbase and Kraken will drop significantly, and platform tokens (such as COIN) may rally to 610.
Potential bearish news: Small-cap tokens that are classified as securities (SEC regulation) face delisting risks; beware of junk projects collapsing!
GENIUS Stablecoin Bill (Passed by the Senate):
100% reserve + banned algorithm stablecoins: USDC and USDT compliance acceleration, but the prohibition of interest payments may weaken attractiveness 610.
Banks emerge as the biggest winners: The bill authorizes banks to custody digital assets, and traditional giants will share the exchange's cake 510.
Anti-CBDC Bill:
The Federal Reserve prohibits the issuance of digital dollars: stablecoins firmly establish their status as "private dollars," which is a long-term benefit for the USDT and USDC ecosystems.