Future of Clarity Act to Be Tested on September 15: 60 Votes Required in Senate

Ripple’s Chief Legal Officer Stuart Alderoty described the September 15 Senate vote, which requires a 60-vote threshold, as a “litmus test” for the Clarity Act, warning that the crypto economy could shift outside the U.S. if the bill fails to pass.

Speaking at the Wyoming Blockchain Symposium 2026, Alderoty stated that there is still a chance for progress in Congress regarding the Clarity Act, which aims to regulate the structure of crypto markets. Noting that 60 votes are needed to proceed in the initial procedural vote to allow the bill to be discussed in the Senate, Alderoty stated that September 15 will reveal the future of the bill in the congressional process.

Alderoty emphasized that the enactment of the regulation would create a more permanent legal framework for the crypto sector. Stating that even if the legislative process stalls, the SEC and CFTC will continue their rulemaking efforts in the crypto space, the Ripple executive described the closer cooperation between the two agencies compared to previous periods as a positive development.

September 15 is a critical threshold for the Clarity Act

According to research by the National Crypto Association, which Alderoty also chairs, there are 232,000 crypto-linked jobs in the U.S., and these activities contribute $55 billion to the economy. Alderoty warned that if a legal framework is not established, investment, innovation, and employment could shift offshore.

The research also revealed that crypto ownership is not limited to young men and tech workers. It noted that the number of owners over 55 and under 25 is nearly equal, and approximately one-third of crypto owners are women. It was reported that the number of crypto owners working in the manufacturing and construction sectors exceeds those in the finance and technology sectors. On the same day, the SEC announced a new proposed rule for crypto markets titled “Regulation Crypto Assets.”