Will the Clarity Act Pass? Vanguard Embraces Crypto & Michael Saylor Strategy Sells More Bitcoin!
July 11, 2026
AI Summary
5 min readCrypto Water Cooler: Clarity Act Deadline, Saylor Selling, and Vanguard's Capitulation
The crypto industry is staring down an August 7th deadline for the Clarity Act, and the hosts of Thinking Crypto are not optimistic. "Government does not move fast," Tony Edward says, noting that the Senate and Congress are back in office next week with very little time to fast-track the bill through the Agriculture Committee, a full Senate vote, House review, and presidential signature. The timeline is brutally tight — and a new ethics controversy may have just made it even harder.
The Clarity Act: Running Out of Legislative Time
The Clarity Act (formerly FIT21) has cleared the Senate Banking Committee, but it still needs the Agriculture Committee to agree to the Senate's version, then a full Senate vote, then House review, then President Trump's signature. Senator Cynthia Lummis believes a path to passage exists, but she's warning that Congress is running out of legislative time before the August recess.
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What you'll learn
- 1 (04:17) **Michael Saylor / Strategy Begins Selling Bitcoin** - Strategy sold over 3,000 Bitcoin in late June/early July, contradicting its long-standing "never sell" narrative.
- 2 (09:53) **Trump Accounts Hint at Crypto Inclusion** - Trump was asked if Bitcoin/crypto could be added to the proposed Trump-branded investment accounts.
- 3 (16:05) **Clarity Act: Urgent Legislative Push & Key Hurdles** - The hosts discuss the tight timeline for passing the Clarity Act before the August recess.
- 4 (23:16) **Circle Receives OCC Approval for National Trust Bank** - Circle gets final approval to establish a national trust bank, a major regulatory milestone.
- 5 (27:34) **Ripple Partners with University of Kansas Athletics** - Ripple becomes the first crypto company to sponsor major college athletics.
- 6 (31:47) **Robinhood Launches Its Own Chain (Robinhood Chain)** - Robinhood is building its own layer-2/layer-1 blockchain to add value for customers.
- 7 (33:23) **Vanguard Capitulates, Embraces Crypto** - Vanguard, long a vocal crypto skeptic, is now hiring a head of digital assets to lead stablecoin, tokenization, DeFi, and wallet initiatives.
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Guests on this episode
Show Notes
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⏰ Time Stamps ⏰
00:00 Intro
03:17 Strategy sells more BTC
08:53 Trump Accounts Crypto
14:02 Clarity Act timeline
20:04 Circle USDC OCC Bank license
24:31 XRP Ripple University of Kansas
28:41 Robinhood Chain
30:19 Vanguard Capitulates
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#ClarityAct #Crypto #Bitcoin #CryptoNews #Cryptocurrency #BTC #BitcoinNews #Ripple #XRP #XRPNews #Ethereum #EthereumNews #ETH #Solana #Solananews #money #investing #trading #Altcoin #Altcoins #Stablecoin #Tokenization #Podcast #ThinkingCrypto #news =================================================
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