Anthony Pompliano says Bitcoin (CRYPTO: BTC) does not need the CLARITY Act to reach new all-time highs, arguing the real fight is over who gets to profit from stablecoins, not whether crypto needs regulatory clarity.
Why Pompliano Says Bitcoin Is Already Fine?
Pompliano made the case on his podcast on Tuesday that Bitcoin already has more regulatory clarity than any other crypto asset: it is not a security, it is held by hundreds of millions of people globally, and no legislation changes that reality.
"Bitcoin doesn't need the CLARITY Act," Pompliano said.
"If the CLARITY Act never passes, we'll go back to all-time highs." He acknowledged a passage would speed up the timeline by generating enthusiasm among Wall Street and politicians, but said Bitcoin's fundamentals stand on their own regardless.
