Crypto market could see bullish upside as the proposed U.S. crypto market structure bill, known as the CLARITY Act
Standard Chartered also has a very bullish view on this, predicting that Bitcoin could reach $150,000 by 2026, supported by rising ETF demand.
As of now, Bitcoin is trading near $66,580. The price has recovered nearly 3% after the recent drop caused by the U.S.–Israel strikes on Iran.
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FAQs
The CLARITY Act is a proposed U.S. bill that defines SEC and CFTC roles, aiming to give digital assets a clear legal framework.
Unclear enforcement creates legal risk. Defined rules help companies plan, reduce compliance fears, and expand operations.
Yes. If classified under CFTC oversight, some tokens may face lighter regulation and reduced legal uncertainty.
Industry leaders suggest mid-year approval is possible, which could act as a major second-half catalyst for crypto markets.
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