The CLARITY Act vote lands September 15. Everything crypto has been waiting for comes down to two weeks.

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The cloture vote, the CPI print, the FOMC decision, and the SEC’s 24-hour trading roundtable all fall in the same 10-day window. The outcome will shape crypto regulation for the rest of the decade. Summary The U.S. Senate returns from recess on September 14 and holds a cloture vote on the CLARITY Act at 2:15 p.m. ET on September 15, needing 60 votes to proceed to a full floor debate. Polymarket odds for the bill becoming law in 2026 have collapsed from 82% in February to 16% as of September 6, while Galaxy Research pegs the probability at just 10%. Three unresolved disputes block passage: ethics rules targeting President Trump’s $1.4 billion in crypto income, DeFi developer liability under Section 604, and a stablecoin yield provision that threatens $1.35 billion in annual Coinbase USDC rewards revenue. The CPI report on September 11, the FOMC rate decision on September 16, and the SEC’s 24-hour trading roundtable on September 17 all land in the same compressed window, creating a volatility corridor unlike anything crypto has faced in 2026. If the bill fails, regulation defaults to a patchwork of agency rulemaking that can be reversed by any future administration, leaving the indus...

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