CLARITY Act could get another shot during lame-duck session, policy advocate says

Summary

The CLARITY Act may get another chance in the post-election lame-duck session, despite failing to advance in the Senate this week. Digital Sovereignty Alliance managing director Adrian Wall said he has spoken directly with senators from both parties who are considering one more push to move the crypto market structure bill before the current Congress ends. He said there is still “an appetite” to try, though he called the effort difficult and a long shot. Wall described Tuesday’s failed cloture vote, which fell short of the 60 votes needed, as a major setback but not necessarily the end of the legislation. If another lame-duck attempt fails, he said the next Congress could take up crypto market structure reform again.