CLARITY Act · US Congress · SEC · The Block
Ripple CLO confirms Sept. 15 will be a ‘bellwether’ for Clarity Act market structure bill
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Ripple Chief Legal Officer Stuart Alderoty said Sept. 15 will be a key test for the Clarity Act's prospects in Congress, as lawmakers face a narrowing window to advance the crypto market-structure bill.
Key facts
- He cited new National Crypto Association research that estimates there are 232,000 crypto-adjacent jobs in the U.S., generating $55 billion in economic activity
- The proposal includes a startup exemption for offerings of up to $5 million over four years and a fundraising exemption covering offerings of up to $75 million over one year
- There is a viable path for Clarity," Alderoty told The Block at the Wyoming Blockchain Symposium 2026
- Ripple Chief Legal Officer Stuart Alderoty said Sept
Summary
"There is a viable path for Clarity," Alderoty told The Block at the Wyoming Blockchain Symposium 2026. "So September 15th will be a bellwether mark as to whether this continues to advance through Congress," he added. Alderoty, who also serves as the president of the National Crypto Association, argued that regulators would continue moving forward even if the legislation stalls. "If it doesn't, the SEC and the CFTC have come out publicly and said, 'We're not going to stop with our rulemaking in terms of regulations when it comes to crypto,'" Alderoty said.