Stablecoin applications infrastructure provider Circle Internet Group (CRCL) increased by 7.1% intraday on June 15, as Bitcoin (BTCUSD) rebounded on reports of a U.S.-Iran peace agreement that has increased the appeal of riskier assets. As the stock rebounds, it’s also looking at an important piece of upcoming legislation.
The Digital Asset Market Clarity Act of 2025, more commonly known as the CLARITY Act, is expected to be passed on July 4. The Act is proposed to create a comprehensive regulatory framework for cryptocurrencies and digital assets, and to establish a clear demarcation of oversight between the SEC and the CFTC.
