Giai đoạn nước rút của dự luật CLARITY: Khung quản lý DeFi trở thành tâm điểm, xác suất ký kết trước tháng 5 đạt 69%

【Bitcoin Circle】The U.S. Senate Banking Committee has entered a decisive two-week window period, with the finalization of the CLARITY Act becoming the focal point.

Critical timing has arrived: On January 6th, both parties will hold an important coordination meeting, putting DeFi regulation and the division of authority between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on the agenda. It appears the differences are quite substantial — the main crux centers on how to define the regulatory nature of decentralized finance products and which of the two regulatory agencies should have the final say.

Committee Chairman Tím Scolt recently made tough remarks: if both parties continue to be stuck on these issues, he does not rule out the possibility of bypassing Democrats and unilaterally advancing the legislation. This means time is truly running out.

According to data from prediction markets, the probability of the bill being signed and taking effect before May is currently stable at 69%. Once the CLARITY Act is implemented, it means the U.S. will form clear crypto asset classification standards. The impact on the market is far-reaching — aside from bitcoin and ethereum, which are already widely recognized assets, the institutional investment space for other tokens is expected to be substantially unlocked. In other words, this is not only an update to the regulatory framework, but also a passport for institutional capital to enter Web3.