"We're Going to Be the Crypto Capital"

#CFTC Chair Mike Selig said it plainly after the vote. America just took its biggest step toward owning the global digital asset industry .

🔹 Why Selig Is Confident
The CLARITY Act ends regulation by enforcement. For years, crypto firms operated under legal ambiguity, waiting for lawsuits to define rules they were supposed to follow . Founders left the US. Capital fled offshore. Compliance costs exploded with zero clarity in return.

Selig framed the markup as the moment that changes. Clear jurisdictional lines between the #SEC and CFTC mean companies finally know which agency oversees them . Codified protections for developers and self-custody mean builders stop looking over their shoulders.

🔹 "For Years to Come"
Selig emphasized this is a long-term positioning play . The US is not just solving a short-term regulatory headache. It is laying the infrastructure to remain the global center of crypto innovation permanently.

David Sacks, former White House AI and crypto czar, echoed the same language earlier this week. He called the markup a major step toward making the US the #Crypto Capital of the World .

The alignment between the CFTC Chair and the administration signals policy is moving in one direction. The era of hostile regulation by enforcement is ending.

🔹 The State Of Play
The #CLARITY Act cleared the Senate Banking Committee 15-9 Thursday . Bitcoin punched above $82,000 on the news . Polymarket odds of passage sit at roughly 73%.

A full Senate floor vote follows. The White House targets July 4 for President Trump's signature . The path is tight but intact. Selig's statement signals the regulatory apparatus is ready to implement the framework once Congress delivers it.

Bottom Line
The head of the CFTC says this vote makes America the crypto capital of the world. Not might. Does. The bill draws clear jurisdictional lines, ends enforcement as policy, and codifies protections for builders and users. The Senate floor is next. The White House wants this on the president's desk by Independence Day.

Friends, do you believe the US will truly become the global crypto hub if the CLARITY Act becomes law, or will other jurisdictions still hold advantages?

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