The CLARITY Act’s delay until September could briefly pressure crypto prices before removing a major source of uncertainty, according to Bitwise CIO Matt Hougan.
Summary
- Senate leaders delayed the CLARITY Act vote until September after bipartisan negotiations failed to produce an agreement.
- Bitwise CIO Matt Hougan expects crypto markets to “wobble for a minute” as traders price in the setback.
- Polymarket odds of passage in 2026 could fall into the teens, Hougan said.
- Disputes over ethics, illicit finance and stablecoin rewards remain unresolved.
What happened
Senate leaders have postponed consideration of the CLARITY Act until September, ending efforts…
