CLARITY Act Not Dead Yet as Mariotti Sees Lame-Duck Opening

Don't write the CLARITY Act's obituary just yet. CoinDesk threw cold water on the post-midterms eulogies, reporting that the crypto market structure bill still has a path — and it runs through the lame-duck session.

Attorney Renato Mariotti made the case, telling CoinDesk that the odds have actually shifted in the bill's favor. “Realistically there is a chance here now for everyone to come together in the lame duck,” he said, per the outlet. That's the stretch between Election Day and the swearing-in of the next Congress, when lawmakers who aren't campaigning suddenly have room to negotiate.

The CLARITY Act has been the centerpiece of Washington's effort to draw clear lines around digital assets, sorting out which regulator oversees what. Passage has been a grind, with the industry and its critics battling over the details. Now the question is whether the post-election calendar gives negotiators the opening they've been missing.

CoinDesk's take landed with a nudge: not so fast on the death notices. Grayscale sponsored the CoinDesk Media Network post, a reminder of how closely the crypto industry is watching every procedural twitch on Capitol Hill.