Arthur Hayes: Does Bitcoin Need the CLARITY Act to Go Up? In an August 2026 video interview with Altcoin Daily, BitMEX co‑founder Arthur Ha…
Arthur Hayes: Does Bitcoin Need the CLARITY Act to Go Up?
In an August 2026 video interview with Altcoin Daily, BitMEX co‑founder Arthur Hayes said he doesn't hate the CLARITY Act — but it's a moat‑building tool for projects that spend more on lawyers, and it's terrible for real creativity and builders of useful products in US crypto. Bitcoin never needed the CLARITY Act since 2009; what it needs is Bessent expanding Treasury buybacks overnight or the Fed printing money to help Japan swap Treasuries for cash. The biggest rally in recent history came because the market finally realized the US debt problem is real and yield curve control is coming. His advice to Trump: just veto it.