CLARITY Act faces September deadline with 16% pass odds
With Senate passage odds for the CLARITY Act at 16% due to ethics concerns, the crypto and banking sectors are engaging in a fierce grassroots battle across state homes during the recess, aiming to secure the 60 votes needed for cloture by the September 15 deadline.
According to GN markets/crypto (en-US), the lobbying war has intensified with the crypto industry reporting 50,000 constituent contacts in August while community bankers counter-attack with targeted ads and state-level outreach, with both sides now focused on undecided senators in key districts ahead of the September 15 vote.
Source: GN markets/crypto (en-US)Senate passage odds for the CLARITY Act have dropped to 16% following an ethics dispute warning from Senator Tillis. The deadline for cloture is September 15, creating significant regulatory risk for XRP holders.
Source: GN markets/crypto (en-US)
