Solana Policy Institute CEO says CLARITY Act has about 10% chance of passing before midterm elections

- Solana Policy Institute CEO Miller Whitehouse-Levine said at the Wyoming Blockchain Symposium that the CLARITY Act has only about a 10% chance of passing before the November midterm elections.
- He said the bill is currently stalled during the August congressional recess.
- Whitehouse-Levine said the bill has become harder to advance as traditional financial institutions have become more involved.
- He said banks still object to stablecoin yield provisions, while securities and derivatives firms are focused on additional provisions affecting their businesses.
- Prediction markets have lowered their odds for the bill, with Polymarket at 21% for enactment by the end of the year and Kalshi at 23%, both down from 50% a month earlier.
Solana Policy Institute CEO Miller Whitehouse-Levine said at the Wyoming Blockchain Symposium that the CLARITY Act has only about a 10% chance of passing before the November midterm elections. He said the bill is currently stalled during the August congressional recess.
Whitehouse-Levine said the process has become more complicated as traditional financial institutions have become more involved. According to him, banks still object to stablecoin yield provisions, while securities and derivatives firms are focused on additional provisions that could affect their businesses.
Prediction markets have also become more cautious on the bill. Polymarket shows a 21% chance of the measure being signed into law by the end of the year, while Kalshi shows 23%, both down sharply from 50% a month earlier.
He urged regulators to move faster, saying the industry cannot keep waiting for Congress. For markets, the update is neutral to slightly negative for crypto policy sentiment in the near term, since it points to slower legislative progress on a major digital-asset bill.
Solana Policy Institute首席执行官称CLARITY法案在中期选举前通过的概率约为10%
Solana Policy Institute首席执行官Miller Whitehouse-Levine在怀俄明区块链峰会上表示,CLARITY法案在11月中期选举前通过的概率只有约10%。他还表示,该法案目前在国会8月休会期间陷入停滞。
Whitehouse-Levine说,随着传统金融机构更深入参与,推动该法案的过程变得更加复杂。按照他的说法,银行仍对稳定币收益条款持有异议,而证券和衍生品公司则关注可能影响其业务的其他条款。
预测市场也下调了对该法案的预期。Polymarket显示其在今年年底前成为法律的概率为21%,Kalshi为23%,都较一个月前的50%明显下降。
他呼吁监管机构加快推进,并表示行业不能继续等待国会。就市场而言,这一进展对加密货币政策情绪短期偏中性至略偏利空,因为它显示一项重要数字资产法案的立法进度放缓。