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Arthur Hayes urges Trump to veto CLARITY Act, saying Bitcoin thrives without regulation and the bill favors Wall Street.

Market News
08 Sep 2026
Crypto Briefing
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Neutral
Arthur Hayes urges Trump to veto CLARITY Act, saying Bitcoin thrives without regulation and the bill favors Wall Street.

Arthur Hayes, BitMEX co-founder, criticizes the Digital Asset Market CLARITY Act, arguing it won't enhance Bitcoin's value and urges President Trump to veto it. Hayes believes Bitcoin's price depends on fiat currency supply, not regulations, and warns that regulatory frameworks risk centralizing Bitcoin, undermining its decentralized nature. The CLARITY Act aims to clarify SEC and CFTC roles over digital assets but faces political hurdles and low chances of passing. Hayes' stance contrasts with major crypto players who support regulation to attract institutional investment and boost prices.

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