Bad news again for the CLARITY Act today: the Senate has reduced by 8 the number of voting days left, and the legislative window is even narrower than last week’s expectations.
The impact on the crypto market is a slow blade.
If the bill passes: the CFTC will gain authority to regulate spot markets, XRP’s commodity-like status is locked in, the institutional entry channel opens up, and BTC and major coins all have catalysts.
If the bill is delayed until 2027: the regulatory gray zone will persist, institutional compliance departments will keep getting stuck, and smart money will continue to wait.
Now the Senate returns on September 14, and the effective legislative time left is only a few weeks—still stuck in a head-on conflict between the banking industry and the crypto industry. The ICBA is calling for closing the stablecoin rewards loophole, while the crypto industry won’t give ground.
Galaxy Research sets the probability of passage this year at about 29%.
Those betting on this are watching from the sidelines today.
$BTC
$XRP
#clarity法案面临延迟参议院减少8个投票日
The impact on the crypto market is a slow blade.
If the bill passes: the CFTC will gain authority to regulate spot markets, XRP’s commodity-like status is locked in, the institutional entry channel opens up, and BTC and major coins all have catalysts.
If the bill is delayed until 2027: the regulatory gray zone will persist, institutional compliance departments will keep getting stuck, and smart money will continue to wait.
Now the Senate returns on September 14, and the effective legislative time left is only a few weeks—still stuck in a head-on conflict between the banking industry and the crypto industry. The ICBA is calling for closing the stablecoin rewards loophole, while the crypto industry won’t give ground.
Galaxy Research sets the probability of passage this year at about 29%.
Those betting on this are watching from the sidelines today.
$BTC
$XRP
#clarity法案面临延迟参议院减少8个投票日
