The CLARITY Act could receive another attempt during the post-election lame-duck session despite failing to advance in the Senate this week, according to Adrian Wall, managing director of the Digital Sovereignty Alliance.
Wall stated that he has spoken directly with senators from both parties who are considering pushing the crypto market structure legislation forward before the current Congress ends. "There is an appetite to put this forward even during the lame duck period of Congress," Wall said. "Is it easy? No. It's going to be very complicated. It's a long shot."
Wall emphasized that he heard these comments directly from senators rather than congressional staff members. "I've heard it directly from senators on both sides saying they have a strategy to engage the other side and see if there's a last chance to do it," he said.
The remarks follow Tuesday's failed Senate cloture vote, which left the CLARITY Act short of the 60 votes required to proceed. Wall described the vote as a "huge blow" but noted it may not signal the end of the legislation. If another attempt during the lame-duck session fails, he suggested the next Congress could "pick up the pen" on crypto market structure legislation.
The Digital Sovereignty Alliance is a nonprofit advocacy group that works with lawmakers and regulators on digital asset policy.
