Unchained · Thursday, September 17, 2026
The Clarity bill, a significant piece of legislation for the crypto industry, has failed to pass the Senate. Despite a last-minute attempt at negotiation, the bill did not secure the necessary 60 votes, with no Democrats voting in favor. This failure likely means that regulation will now primarily come through agency rulemaking by bodies like the SEC and CFTC.
“So, today is Clarity Day. We are very excited for this historic bell. At 2:15 PM, the vote will occur. Yes. We are gonna watch it. We are excited. We're gonna watch it live. I put my whole bankroll on it. We are so excited. We're gonna pop some champagne on the show.”
“So, so, um, no, actually, Clarity, uh, already entered its closure. It's over. It's dead. It's never coming back.”
“Basically what happened was that Clarity, of course, the big mega bill that we've all been waiting for as an industry. We needed 60 votes in order to get this bill passed. It got 47. So it did not even get all of the Republicans voting. Not a single Democrat voted for the bill.”
“So, good game. Seems like now the story for regulation from crypto is that it's gonna have to come from the agencies. It's gonna have to be through rule making. The SEC and the CFTC have already signaled. We're just gonna go ahead and basically implement Clarity. And all of the frameworks that have been negotiated over, that's kind of set the blueprint for what a regulatory agency led solution is going to look like.”