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.