BTC $78,119 +2.43% ETH $2,510 +3.29% BNB $750.26 +3.88% XRP $1.33 +3.04% SOL $106.42 +6.83% BTC $78,119 +2.43% ETH $2,510 +3.29% BNB $750.26 +3.88% XRP $1.33 +3.04% SOL $106.42 +6.83%
Regulation Via Cointelegraph.com News

CLARITY Act Could See Another Vote in Lame-Duck Congress Session

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The CLARITY Act, a major crypto market structure bill, could receive another attempt at passage during the post-election lame-duck session of the U.S. Congress, according to a policy advocate.

Adrian Wall, managing director of the Digital Sovereignty Alliance, stated on September 16 that he has spoken directly with senators from both parties who are considering a final push for the legislation before the current Congress ends. He described the effort as a “long shot” but confirmed there is an appetite to try.

The comments follow a failed Senate cloture vote on September 15, which left the bill short of the 60 votes required to advance. Wall characterized that vote as a “huge blow” but not necessarily the end for the legislation.

If the lame-duck session attempt fails, Wall indicated the next Congress could take up the issue. The Digital Sovereignty Alliance is a nonprofit advocacy group focused on digital asset policy.

Original reporting: Cointelegraph.com News