White House committed to passing Clarity Act in September, says advisor

A White House advisor stated the administration is committed to passing the Clarity Act in September, which could reshape digital asset regulation and market dynamics. Conversely, TD Cowen assesses a 75% probability that the bill will fail to become law this fall, reducing its enactment odds to 25%. TD Cowen identifies three scenarios where the crypto market structure bill ends without a final vote, noting a critical Senate test scheduled for September 15.