LATEST: 🇺🇸 Arthur Hayes says money will flow into crypto with or without the CLARITY Act: "Nobody cares about compliance. It's all about how much money you can make."

What happened

Arthur Hayes, co‑founder of crypto exchange BitMEX, said on X that investors will put money into crypto regardless of whether the U.S. CLARITY Act passes, emphasizing profit over compliance.

Confirmed

Global impact / market context

His comment signals that regulatory uncertainty may not deter capital inflows, suggesting that market participants prioritize returns. This could shape how lawmakers and firms approach crypto regulation and business planning.

Analyst inference

The statement comes as U.S. policymakers debate the CLARITY Act, which would increase reporting requirements for crypto transactions. Despite potential tighter rules, the crypto market has shown resilience and continued growth in trading volumes.

Analyst inference

What to watch

1. Progress of the CLARITY Act in Congress, because its passage could alter reporting obligations for crypto firms and affect compliance costs. Proposed
2. Crypto trading volumes and inflows into major exchanges, as rising volumes would confirm Hayes’s view that money moves despite regulatory signals. Proposed
3. Statements from other industry leaders on regulation, which may indicate whether Hayes’s stance reflects a broader sentiment or is an isolated opinion. Proposed

Evidence

• x.com