Bitwise Chief Investment Officer Matt Hougan said on Aug. 4 that the crypto industry would continue expanding even if the U.S. Senate fails to advance the CLARITY Act before its August recess.
Summary
- No CLARITY Act cloture motion appeared on Tuesday’s Senate schedule, narrowing this week’s remaining window.
- Bitwise’s Matt Hougan says SEC rulemaking could sustain crypto growth if Congress delays market structure.
- The bill cleared Senate Banking 15 to 9 but still needs sixty votes for cloture.
- Democratic senators seek ethics, consumer protection, illicit finance, conflict, and market integrity provisions before passage.
- Polymarket traders place 2026 enactment odds at…
