Bitcoin was quoted this Thursday near US$ 63 thousand, accumulating a drop of nearly 2% in the last 24 hours, amid market expectations for progress in the regulation of digital assets in the United States.
In Washington, optimism is growing around the approval of a bill considered historic for the sector, although doubts remain about the timetable and about how ethical concerns related to possible conflicts of interest involving President Donald Trump will be addressed.
Clarity Act in the US could go to a vote in the Senate next week
The so-called Clarity Act (Clarity Act) could be considered by the US Senate as early as next week, according to lawmakers' expectations. In an interview with Fox News, Representative Bryan Steil said he expects the proposal to be approved and defended the United States' leading role in regulating the sector.
In his words: "The United States sets the gold standard for regulation in the digital assets sector."
The assessment also resonated among market analysts. The profile Merlijn, the Trader (@MerlijnTrader) highlighted on social media the possibility of the text advancing in the Senate in the coming days.
The moment is considered crucial. Both the House and the Senate recently returned to Washington after the July 4 holiday recess, and the schedule for voting on the proposal is short. The House goes into recess again on July 24, while the Senate remains in session longer, until August 7, which leaves a narrow window for the text to advance in both chambers.
If approved, the bill would regulate the cryptocurrency sector comprehensively for the first time at the federal level. The proposal has been stalled in the Senate for more than a year, after the House approved its version of the Clarity Act. The deadlock helps explain why the possibility of an imminent vote is viewed with such interest by investors and companies in the sector.
Despite the optimism, observers remain attentive to how ethical concerns surrounding possible conflicts of interest involving President Donald Trump in relation to the digital assets market will be handled. How this issue is addressed could influence both the progress of the bill and the market's perception of the regulation that is approaching.
