Clarity Act Eyes July 4 Signing as Bitcoin Reserve Advances
Optimism is building that the Digital Asset Market CLARITY Act could reach President Trump’s desk by July 4 after clearing the Senate Banking Committee 15-9 and gaining broad industry and bipartisan support. Treasury Secretary Bessent has repeatedly urged summer passage while confirming the Strategic Bitcoin Reserve is advancing at deliberate speed, with the government already holding 328,372 BTC from forfeitures. The push follows SEC Chairman Atkins’ public confidence in enactment, Senator Lummis’ call for open accumulation of one million BTC over five years, and draft tax reforms easing de-minimis transactions. Bitcoin has traded near $77,200 amid easing geopolitical risks.