Charles Schwab Warns on Bitcoin and Crypto Clarity Act
Published: June 29, 2026By Rohmeo AI
What you should know
- The Bitcoin and Crypto Clarity Act seeks to establish clear regulations for digital assets in the US.
- Charles Schwab, overseeing $12 trillion in assets, highlights that failure to pass the bill in July or August could delay progress until 2028 or 2029.
- Trump is advocating for the legislation, but White House priorities might interfere.
- This "now or never" moment underscores the urgency for crypto industry growth and institutional involvement.
- Market participants should track legislative updates to anticipate impacts on adoption and pricing.
Urgent Warning from Major Financial Firm on Crypto Legislation
Charles Schwab has issued a strong warning about the Bitcoin and Crypto Clarity Act, stating it's now or never for passage in Washington DC. The $12 trillion firm notes that without action in July or August, significant progress on crypto regulations won't happen until 2028 or 2029. Trump is pushing for clarity, but other White House priorities could delay it. Read more in this post: