The CLARITY Act Failed. What Happens to Crypto Now?

The CLARITY Act failed to advance in the Senate — but the transformation of crypto and the financial system may be moving forward anyway.

Maggie Lake sits down with Brett Rentmeester, founder and managing director of WindRock Wealth Management, to unpack what the setback means for Bitcoin, Ethereum, stablecoins and crypto regulation — and why the battle over stablecoin yields could have major implications for traditional banks.

Rentmeester explains how the SEC and CFTC could shape the next phase of digital assets even without new legislation, why Wall Street is accelerating its push into tokenization, and how blockchain could fundamentally change the way stocks and other financial assets trade and settle.

They also explore Bitcoin’s four-year cycle, institutional adoption, the growing intersection between AI and crypto, and whether today’s volatility could ultimately give way to a much larger transformation of the financial system.

Plus, hear Tom Lee explain why Wall Street’s embrace of blockchain, tokenized securities and stablecoins could mark a major turning point for crypto.

💡 Brett Rentmeester says crypto is entering a new phase — with stablecoins, tokenization and institutional adoption beginning to reshape the financial system, even as volatility remains extreme. If you’re wondering whether your portfolio has the right mix of traditional assets, real assets and selective exposure to emerging opportunities, sign up for a free portfolio review with one of Wealthion’s trusted advisors to see how you’re positioned for what comes next: https://bit.ly/4xFx2Jr

Chapters:

00:00 — CLARITY Act, Stablecoins & the Banking Risk

00:30 — Bitcoin and Ethereum Stage a Comeback

01:09 — Bitcoin’s Four-Year Cycle and the Next Market Bottom

03:20 — Why the CLARITY Act Matters for Crypto Regulation

06:24 — Stablecoin Yields Could Threaten Traditional Banks