White House adviser Patrick Witt said it's possible the Clarity Act becomes law by July 4 while Senator Kirsten Gillibrand pushed for an ethics provision in the market structure bill. Consensus Miami 2026 wrapped up with a fiery debate on the role of prediction markets, and a lot otherwise happened at our first conference in the Sunshine State.

CoinDesk also released the results of a survey it commissioned of 1,000 registered voters on their views toward crypto heading into the 2026 election.

PS: I'll be at the Bermuda Digital Finance Forum next week. Let's catch up if you're there.

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America's birthday?

The narrative

White House Executive Director of the President's Council on Digital Assets Patrick Witt told the audience at Consensus Miami this week that he believed it was possible to have President Donald Trump sign the Clarity Act into law by July 4. The timeline would require a markup this month (which seems very possible), four weeks for the Senate to merge the Banking and Agriculture bills (technically possible), a few weeks for reconciliation with the House (also technically possible) and the House vote (will depend on the House) and finally, the part where the president signs the bill.

Beyond Witt, we heard from various industry participants and policymakers at Consensus Miami. Catch up below.

Why it matters

Look, if you've read this newsletter for more than a few weeks, you know the Clarity Act has taken center stage for the last several months. Maybe it'll happen and we can move on to other things. Maybe not. But there does seem to be more momentum now than there has been in weeks, and so we'll see — I imagine quite soon — what that means.

Breaking it down

Consensus this year had a number of other sessions with lawmakers, policymakers and lawyers weighing in on everything from what the Clarity Act needs (ethics provisions, per Senator Kirsten Gillibrand) to whether or not prediction markets are gambling (we did not reach a conclusion but it was an excellent debate!).

Some highlights:

• Aave to expand collateral and listing standards after KelpDAO exploit