A packed day in crypto and tech policy brought a revised CLARITY Act text from Senate Republicans, parallel rulemaking plans from the SEC, a public clash between former President Trump and Anthropic's CEO, and notable corporate treasury moves in bitcoin, ether and Solana.
Republicans deliver a 'final offer' on the CLARITY Act
Senate Republicans released a revised 635-page draft of the CLARITY Act and described it as a 'final offer' ahead of a procedural vote. The text incorporates stricter ethics provisions and 126 changes requested by Democrats. Democrats, however, are preparing a counter-proposal. Senator Cynthia Lummis was quoted saying 'Democrats always want more' and 'my tank is empty.' Passage would require 60 votes in the Senate; on Polymarket the odds of enactment have fallen to 17%.
SEC signals it will move with or without legislation
SEC Chair Paul Atkins said the Commission will proceed with its own rules 'with or without' the CLARITY Act, identifying issuance, transfer agents, and custody as regulatory priorities. White House advisor Patrick Witt said he feels 'very good,' adding that Republicans met 95% of Democratic requests. Banks were reported to be pressing for restrictions on stablecoin rewards.
Trump criticises Amodei as semiconductor stocks slide
Anthropic CEO Dario Amodei, who had called for slowing down AI development for safety reasons, a stance shared by other prominent industry figures, was publicly attacked by former President Trump. Trump said he is the only 'guardrail' AI needs and accused Amodei of playing the 'perfect little angel.' The remarks coincided with a roughly 6% drop in semiconductor stocks, while bitcoin rose to $78,280.
Corporate treasuries adjust crypto holdings
Several corporate treasury moves were reported. Strategy repurchased $139.3 million worth of STRC and did not buy bitcoin for the second consecutive week, keeping its bitcoin holdings unchanged at 845,050 BTC. Strive reached 25,000 BTC. Bitmine made a purchase of 27,180 ETH for $68 million, described in the report as nearly 4.9% of the supply. DeFi Development Corp increased its Solana treasury to 2.39 million SOL using a new $300 million ATM facility.
Context and significance
The CLARITY negotiations and the SEC’s parallel regulatory work illustrate two concurrent pathways to shaping crypto rules: legislative compromise and independent agency action. At the same time, public debate over AI safety and high-profile remarks by political figures are affecting equity sectors tied to chipmakers and appearing alongside notable activity in digital-asset treasuries.
Note: the episode transcript may contain name or reference errors due to creator dyslexia. Content is informational and not investment advice; CRYPTO NEWS may have financial relationships with entities mentioned.