According to Odaily, Solana Policy Institute CEO Miller Whitehouse-Levine stated that the window for the Clarity Act to pass before the November midterm elections is rapidly closing. Speaking at the Wyoming Blockchain Symposium 2026, he estimated the probability of the bill becoming law before the midterm elections to be only about 10%. Whitehouse-Levine described the bill as currently in "August recess purgatory." He pointed out that the Senate has been working on the legislation for over a year, but as the current Congress's time limit dwindles, completing the legislation is becoming increasingly difficult. He added that the planned procedural motion on September 15th is only the first step in the multiple rounds of voting needed to move the bill forward, therefore he remains "hopeful for the bill, but realistic about the probabilities." This assessment is more pessimistic than the market forecasts. Currently, Polymarket shows a 21% probability of the Clarity Act being signed into law by the end of the year, with related market trading volume exceeding $7 million; the probability on Kalshi is 23%, down from 50% less than a month ago.

According to Odaily Planet Daily, White House chief crypto advisor Patrick Witt remains optimistic that the Clarity Act will eventually become law, despite ongoing controversies surrounding stablecoin yields and Trump's alleged conflict of interest in crypto. Speaking at the SALT annual meeting in Wyoming on Tuesday, Witt said lawmakers are currently in their August recess and are expected to return to Washington in mid-September. Senate Majority Leader John Thune has scheduled a procedural vote on the bill for September 15. Witt stated that the White House will sit down with Democrats to discuss points of disagreement and strive for a solid vote on September 15. He expressed "real optimism and bullishness" about the bill. The Clarity Act, exceeding 600 pages, aims to establish a comprehensive federal regulatory framework for the U.S. crypto industry but has encountered numerous obstacles in recent months. Current major controversies include how stablecoin yields will be handled and Democratic concerns about a conflict of interest with Trump and his family's crypto businesses. Overall, the September 15 vote will be a crucial juncture for the Clarity Act's future progress. While the White House is trying to send positive signals, the bill still needs bipartisan support, especially in reaching compromises on issues such as stablecoins, ethical provisions, and the division of regulatory responsibilities.

According to Odaily Planet Daily, Ripple's Chief Legal Officer, Stuart Alderoty, stated that September 15th will be a crucial date in determining whether the U.S. Clarity Act, a cryptocurrency market structure bill, can proceed. Speaking at the Wyoming Blockchain Symposium 2026, Alderoty said the Senate will hold its first procedural motion on September 15th, deciding whether to proceed with the bill. This motion requires 60 votes to pave the way for further legislation. He called this day a "bellwether" for whether the Clarity Act can continue to move forward in Congress. Alderoty, who also serves as president of the National Crypto Association, stated that even with obstacles in market structure legislation, the SEC and CFTC have publicly stated their commitment to continuing to develop cryptocurrency regulatory rules. He believes the recent closer coordination between the two regulatory bodies is a positive sign. While the SEC and CFTC haven't always worked collaboratively in the past, they are now cooperating more closely on cryptocurrency regulation. However, Alderoty emphasized that the industry's primary desire remains congressional legislation, as legislation is more stable and harder to overturn than mere regulatory rules. He stated that the United States will face crypto regulation regardless; the difference lies in whether the framework is established through a more enduring congressional bill or whether regulatory agencies push forward the rules on their own.

According to Odaily Planet Daily, VanEck suggests that Bitcoin's nearly 11-month correction may be nearing its end and entering an accumulation phase. VanEck senior investment analyst Patrick Bush and digital asset research director Matthew Sigel, along with other researchers, pointed out that eight of the 12 indicators in their "Bitcoin Capitulation Check" are in the capitulation zone. All 12 indicators have fallen into capitulation territory at some point in the past three months. Researchers believe these readings indicate that the market has experienced a phase similar to a "Bitcoin price capitulation" and may be approaching or has already entered an accumulation period. As of Tuesday, Bitcoin was trading at approximately $64,700. Since early June, Bitcoin has largely remained in a range of $58,000 to $66,500, still about 48% lower than its all-time high of approximately $126,300 reached in October 2025. Meanwhile, the US spot Bitcoin ETF just recorded its strongest single-day inflow since early May, providing some support to the market. However, long-term holders sold approximately 356,000 BTC in the past month, reducing their share of the supply to below 60%, indicating that the market structure is still in a rebalancing phase.

Odaily Planet Daily reports that the U.S. Securities and Exchange Commission (SEC) has proposed rules related to crypto assets, aiming to establish a clear framework for eligible investment contracts and provide a targeted securities offering system for token issuance, enabling relevant entities to raise funds while retaining investor protection measures. The proposed rules would allow crypto companies to issue no more than $5 million in tokens within four years, or no more than $75 million within 12 months, and provide a safe harbor to prevent cryptocurrencies from being considered "investment contracts." Issuers would be required to disclose financial statements and report continuously. The SEC did not include the previously anticipated "innovation exemption" for crypto stocks. The proposal comes days after the U.S. Senate failed to advance the Digital Asset Market Clarity (CLARITY) Act; the public can submit comments within 60 days of the proposal's publication in the Federal Register. SEC Chairman Paul Atkins stated that congressional legislation remains essential for establishing long-term applicable rules, and the SEC will continue to support Congress in pushing the CLARITY Act to President Trump. The U.S. Commodity Futures Trading Commission (CFTC) plans to discuss cryptocurrency, AI, and prediction market regulation on Thursday. (Cointelegraph)