Former Prosecutor Claims Crypto Clarity Bill Is Dead

Renato Mariotti, a former federal prosecutor, reports that prospects for the CLARITY Act have plummeted. After speaking with various lawmakers and congressional staff, he believes the proposed legislation no longer has the necessary support to move forward. This shift marks a significant setback for those hoping for immediate federal guidelines on digital assets.

The timing is critical as the bill faces a major test during a scheduled Senate vote on September 15. With the House legislative calendar shrinking rapidly, the window for passing new crypto regulations before the end of the year is closing fast. Many observers are now questioning if the bill can gather enough votes to survive.

Market participants should watch the September 15 vote closely to see if the legislation gains any unexpected traction. If the bill fails to advance, it likely signals that comprehensive crypto policy will remain in limbo for the foreseeable future. Investors should prepare for continued regulatory uncertainty.