CLARITY Act Passage Unlikely if Crypto Bill Stalls Until Summer, Lawyer Warns

A recent statement from a prominent pro-XRP lawyer suggests that the fate of the CLARITY Act hangs in the balance. According to John Deaton, the bill's progress will likely impact its chances of passing this year.

The Senate is expected to turn its attention to the midterm elections in November, with Democrats currently projected to take control of both the Senate and House.

Deaton's prediction highlights the significance of the crypto bill's timing. If the bill stalls until summer, it may lose momentum and struggle to pass before the end of the year.