Altcoins News

Story: Ripple’s Alderoty Urges Senators: Consult 67 Million Crypto Holders Before CLARITY…

By Bruce Buterin

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What the September 15 Vote Actually Does. The September 15 session won't turn the CLARITY Act into law. Not even close.

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Where the Fights Are Happening. The CLARITY Act passed the House in July 2025. It cleared the Senate Banking Committee in May…

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Stuart Alderoty isn't waiting around. Ripple's Chief Legal Officer went directly after undecided and opposing senators this week, urging them to sit down with the 67 million…

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The appeal leans on research from the National Cryptocurrency Association, which puts digital asset ownership at roughly one in four American adults.

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The September 15 session won't turn the CLARITY Act into law. Not even close. What's on the table is a cloture vote — scheduled for around 2:15 p.m.

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If the cloture vote clears 60, the Senate gets to debate, propose amendments, and eventually vote on passage. If it doesn't, the whole legislative process stalls.

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The bill itself is trying to do something genuinely complicated. It wants to build a federal market structure for digital assets — one that draws a clear line between SEC and…

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The CLARITY Act passed the House in July 2025. It cleared the Senate Banking Committee in May 2026, but only with thin Democrat support.

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More context: Cynthia Lummis Blasts Democrats Ahead of Crucial Senate Vote on Clarity Act

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Presidential ethics provisions are probably the loudest flashpoint. Democrats want strict controls to prevent conflicts of interest tied to digital assets linked to President…

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Stablecoin rewards are another mess. Community banks argue that if customers can earn meaningful yields on stablecoins, they'll pull deposits out of insured banks and park them…

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Decentralized finance protections are contentious too. Some lawmakers want legal shields for DeFi developers.

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For the 67 million holders Alderoty keeps citing, the practical stakes come down to how regulatory authority gets split.

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More context: U.S. Invests $300 Million in Quantum-Safe Crypto Ahead of 2029 Threat

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And even if the Senate passes something, it won't be over. Any differences between the Senate version and the House version from July 2025 would have to get reconciled.

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