“Kristin Smith,” President of the Solana Policy Institute and former official at the Blockchain Association, predicted that the “Clarity Act,” one of the most important regulatory projects for the cryptocurrency market in the United States, would be enacted by July 2026.
In an interview with “Fortune” magazine, “Smith” explained that passing standalone legislation during an election year is not easy, so lawmakers may try to pass it by including it in major bills that must be adopted.
But this step requires the approval of the leadership of both parties in the relevant committees, which remains a point of contention, especially with the opposition of figures like Senator 'Elizabeth Warren.'
The bill also faced additional complications after 'Brian Armstrong,' the CEO of 'Coinbase,' temporarily withdrew his support, considering that some amendments favor traditional banks.
However, 'Smith' indicates that the situation changed after the White House intervened, demanding that traditional banks make concessions in regulatory discussions.
July 2026 represents the most significant date for passing the law before the congressional break in August, while December 2026 will be the last chance to approve it during the final session after the midterm elections.
In contrast, the CEO of Ripple, 'Brad Garlinghouse,' shows greater optimism, seeing a probability of up to 90% for passing the law before the end of April, while 'Armstrong' returned to the White House to continue negotiating on the contentious points.