Clarity Act Odds Jump to 42% After Reported Trump Ethics Deal | CoinDesk Daily

Uyen Truong (0:00)

Clarity Act odds surged on prediction markets, and Jack Maulers steps down as 21 Capital CEO. This is CoinDesk Daily.

Follow JPEG Trading on X for insights on crypto markets, liquidity and DeFi. The odds for the Clarity Act to become law this year jumped to 42% on Polymarket, up from 31% on Friday. The move followed unverified reports that President Trump agreed to the ethics provision that had stalled the bill for months. The dispute has centered on how much politicians can profit from crypto while in office, a question sharpened by Trump's ties to the industry. Jack Maulers has stepped down as CEO of 21 Capital, replaced by Rafael Zeguri.

21 has also dropped Strike, the Bitcoin payments company founded by Maulers from a proposed three-way merger.

Tether had wanted to combine 21, Strike and mining firm Electron into a single listed company, but Strike will now remain independent. Lower rates protected Bitcoin, Ledn's lowest loan rates ever. Check yours at ledn.io. And UK lawmakers have opened an inquiry into whether the country's banks have cut off crypto firms from banking services. The crypto and digital assets all party parliamentary group says several major UK banks have blocked payments to certain crypto companies and imposed transfer limits. It wants to know whether these restrictions are proportionate and what they mean for consumers, businesses and competition. Get more updates on coindesk.com. RealFi, a smarter stablecoin backed by real world assets. Visit realfi.co.