CLARITY Act · US Senate · U.S. · The Block
Solana Policy Institute CEO says Clarity Act in ‘August recess purgatory,’ gives it 10% odds before midterms
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The window to pass the landmark Clarity Act framework before the midterm elections is closing, according to Solana Policy Institute CEO Miller Whitehouse-Levine.
Key facts
- Asked to put a number on the chances of the Clarity Act becoming law before the November midterm elections, Whitehouse-Levine told The Block at the Wyoming Blockchain Symposium 2026 that he would put
- Kalshi traders put the odds at a similar 23%, down from 50% less than a month ago
- The window to pass the landmark Clarity Act framework before the midterm elections is closing, according to Solana Policy Institute CEO Miller Whitehouse-Levine
- This comes as the Securities and Exchange Commission proposed " Regulation Crypto Assets," a framework that includes exemptions for digital assets from certain registration requirements
Summary
Asked to put a number on the chances of the Clarity Act becoming law before the November midterm elections, Whitehouse-Levine told The Block at the Wyoming Blockchain Symposium 2026 that he would put the odds at "about 10%." "Right now, I would say it's in August recess purgatory," Whitehouse-Levine said, noting that the Senate has been working on the legislation for more than a year. Whitehouse-Levine said the scheduled motion to proceed would be only the first of several votes needed to advance the legislation, adding that he remains "hopeful, but realistic about its odds. His outlook is even more pessimistic than prediction market traders.