The CLARITY Act, a crypto market structure bill, will face a full Senate floor vote on September 15. President Donald Trump met with major crypto and finance CEOs on Wednesday to discuss this legislation, described as the « big topic of discussion » by Coinbase CEO Brian Armstrong. Passage odds stood at 22% according to Polymarket, while Kalshi bettors put 2027 passage chances at 50/50. The bill faces obstacles related to ethics concerns and provisions protecting DeFi developers. The crypto industry is pursuing a three-pronged strategy: secure CLARITY Act passage, rely on regulators’ guidelines (SEC, CFTC) as a backup plan, and support pro-crypto lawmakers.
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