Alexander LorenzoCoinPicks, CoinPicks · Founder & Chief Investment Officer CoinPicks Capital 👇🏾This strategy made me 8 million dollars

One Bill Builds a Door in a Century of Bank Walls

6 Aug 2026 · 1 min

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1:24

The video provides a concise historical overview of three major U.S. banking regulations that have long separated banking from securities activities: the Glass‑Steagall Act (1933) which barred deposit‑taking banks from trading securities, Regulation T (1934) which limited margin lending to 50% after earlier lax practices, and the Volcker Rule (2010) which reinstated a ban on proprietary trading and certain securities activities following the 2008 crisis. The commentator then introduces the newly proposed Clarity Act, arguing that it effectively creates a “door” through these entrenched walls by reclassifying crypto tokens as spot commodities rather than securities. Because tokens are not securities, the Glass‑Steagall separation and Regulation T margin caps do not apply, and the Volcker Rule’s proprietary‑trading prohibition is also sidestepped. Consequently, banks can advance funds for token purchases without adhering to traditional securities‑law margin frameworks, opening a pathway for traditional financial institutions to finance the most speculative and retail‑accessible asset class without the historic regulatory constraints.

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It's called the Glass-Steagall Act. In 1933, banks that take deposits can't trade securities. Regulation T of 1934, basically margin lending on securities are capped at 50% because before the crash, banks were lending out customer money to buy stocks with as little as 10% down. And the Volcker Rule in 2010, after the 2008 proved that the Glass-Steagall Act was a mistake, proprietary trading and securities were banned again. Those 3 walls have defined the boundaries of American banking for nearly a century. The Clarity Act does not only tear them down, it builds a door around all 3. Tokens are not securities, so the Glass-Steagall separation does not apply. Tokens are spot commodities, so the Volcker Rule's proprietary trading ban does not apply. And tokens are not securities, so Regulation T's 50% margin cap does not apply. The Clarity Act authorizes banks to advance funds for token purchases without specifying a margin ratio, without inheriting the securities law margin framework. Every wall was built to constrain activity in securities. The Clarity Act classifies the most speculative, most hype-driven, most retail-accessible asset class ever created as something else entirely. The walls are standing, but the game moved to another side of it. In 2