US crypto Clarity Act stuck in Congress limbo with 10% odds before midterms

Miller Whitehouse-Levine, CEO of the Solana Policy Institute, gave the Clarity Act just a 10% chance of passing before the midterm elections, describing it as stuck in "August recess purgatory" in Congress. He urged regulators to act quickly, warning the industry "can't afford to keep waiting." The Clarity Act is seen as pivotal for US crypto market regulation.