CLARITY Act Fails Senate Vote, Lame-Duck Push on the Table

The CLARITY Act failed to pass in the Senate on September 15, falling short of the required 60 votes. The bill, which aims to regulate the crypto market structure, remains open for reconsideration after Sen. Thom Tillis moved to revisit the vote.

According to Adrian Wall, managing director of the Digital Sovereignty Alliance, there is still interest in advancing the legislation during the lame-duck session. However, he cautions that this would be a long shot and a complicated process.

Prediction markets now show only an 8% chance of the bill passing before January 1, 2027. Wall has spoken directly with senators from both parties who are considering another push on crypto regulation, but no confirmation of a scheduled vote or vote count has been made.