Solana Policy Institute: Only 10% Chance Clarity Act Passes Before Midterms

BitcoinWorld Solana Policy Institute: Only 10% Chance Clarity Act Passes Before Midterms The Solana Policy Institute, a nonprofit focused on U.S. policy affecting the Solana ecosystem, sees only a 10% chance that the Clarity Act — a bill designed to define the U.S.

cryptocurrency regulatory framework — will pass Congress before the November midterm elections. CEO Miller Whitehouse-Levine shared this assessment in an interview with The Block, citing the Senate’s recess and the limited time remaining in the current congressional session.

Legislative Hurdles and Time Constraints The Clarity Act, which aims to provide a comprehensive regulatory framework for digital assets, has stalled in the Senate. With the chamber in recess, little progress can be made until lawmakers return.

Whitehouse-Levine noted that this is likely the sixth attempt to advance a market structure bill in the United States, and each failure represents a significant investment of time and resources.