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

— Clarity Act odds surged to 42% on Polymarket after unverified reports that President Trump agreed to the ethics provision that had stalled the crypto market structure bill for months.

— Jack Mollers stepped down as CEO of 21 Capital, replaced by Rafael Zaguri. Tether's proposed three-way merger of 21, Strike, and Electron is now dissolved, with Strike remaining independent.

— UK lawmakers opened an inquiry into whether major banks have systematically cut off crypto firms from banking services, including blocking payments and imposing transfer limits.

— The inquiry will examine whether banking restrictions on crypto companies are proportionate and their impact on consumers, businesses, and competition.

— Monitor the Clarity Act's progress closely. A 42% probability on Polymarket reflects meaningful movement, but the bill remains subject to political negotiation and unverified reporting. Regulatory clarity on politician profit restrictions could substantially affect market sentiment if passed.

— The dissolution of Tether's merger highlights volatility in major crypto infrastructure deals. Holders and investors should track leadership changes and strategic pivots at large infrastructure firms, as they can signal shifting corporate priorities or disputes.