CLARITY Act Passage Still Possible, But Industry Must Ditch Control Fantasy

Kristin Smith, head of the Solana Policy Institute, still views the chances of the CLARITY Act passing positively.

However, her confidence in its passage has eased somewhat since the spring.

Smith noted that the digital-asset industry often thinks it can control the legislative process, but this is not the reality.

'The crypto industry tends to think it can control that process,' Smith said. 'But in reality, it can't.'