SEC Chair Atkins Sees CLARITY Act Advancing in September Vote

SEC Chair Paul Atkins is optimistic about the CLARITY Act's chances of advancing in September, with a cloture vote scheduled for September 15. He hopes lawmakers can move the legislation forward within two weeks and eventually send it to President Donald Trump for his signature.

The bill aims to define how the SEC and Commodity Futures Trading Commission oversee digital assets, establish registration rules for crypto businesses, and implement anti-money laundering requirements.

Doubts remain over whether Congress can complete the legislation this year as lawmakers approach the midterm election period. Prediction markets reflect uncertainty, with Kalshi placing the probability of the CLARITY Act becoming law this year at 49%.