BlackRock Backs CLARITY Act as Tom Lee Predicts Programmable Money Revolution

Bitmine chairman Tom Lee said on CNBC on Monday that crypto is recovering because it is being embraced outside the United States. Europe, Japan, and Russia are passing CLARITY Act-like bills to regulate the industry, which has spurred market momentum, he said.

Lee believes when this happens in the US, it will supercharge the market, which will become the programmable software layer of money.

“Because crypto is turning money into software, a lot of things can turn into money,” he said. Once that happens, things like loyalty points and reputation could start behaving a lot like money – especially in the hands of AI agents, one of crypto’s killer use cases.

This is why CLARITY Act matters more than many realize https://t.co/sckumOwJxa

— Thomas (Tom) Lee (not drummer) FundstratDirect.com (@fundstrat) July 27, 2026

Key Crypto Bill Still In Limbo

BlackRock Senior Managing Director and Global Head of Market Development Samara Cohen echoed the sentiment, stating that the measure is an “important step toward establishing a regulatory framework for digital assets that puts investors first.”

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