BlackRock Endorses the CLARITY Act and Tom Lee Sees a Coming Programmable Money Revolution

TL;DR

• BlackRock backed the CLARITY Act, while Tom Lee argued its passage could accelerate adoption and advance programmable money powered by artificial intelligence agents.
• The bill passed the House and Senate Banking Committee, but ethics rules covering digital assets sponsored by elected officials remain the central obstacle.
• No Senate vote is scheduled before the August recess, potentially delaying action until the lame-duck period or 2027 despite support from major financial institutions.

BlackRock has joined a group of major financial institutions supporting the CLARITY Act, while Fundstrat chairman Tom Lee argues the legislation could accelerate cryptocurrency adoption in the United States. Lee said crypto is recovering as Europe, Japan, and Russia pursue similar regulatory frameworks, giving the industry momentum beyond Washington. The debate now links market structure legislation with a broader vision of programmable money. His argument is striking: once money behaves like software, assets such as loyalty points or reputation could gain monetary functions, especially when controlled by artificial intelligence agents across emerging digital economic systems.

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