Ripple’s Chief Legal Officer Says September 15 Senate Cloture Vote Could Shape CLARITY Act’s Future

• Ripple’s chief legal officer, Stuart Alderoty, says a successful cloture vote on the CLARITY Act in mid‑September would give the bill momentum ahead of the midterm election break.
• He also expressed confidence that the SEC and CFTC will keep pushing for regulatory clarity on digital assets, no matter how the crypto market structure legislation fares in Congress.

The CLARITY Act has faced a series of setbacks since it cleared the House with a 294‑134 vote and moved to the Senate. Lawmakers were unable to bring it to a vote before Congress went into its August recess.

However, Senate Majority Leader John Thune may have created a potential opening. The South Dakota senator filed a last‑minute cloture motion for September 15, aimed at ending a filibuster and limiting debate. For Ripple CLO Stuart Alderoty, this move could revive the bill’s prospects and push it toward a final vote.

Alderoty, who also leads the National Cryptocurrency Association, told The Block at the Wyoming Blockchain Symposium that “there is a viable path for CLARITY.” He described the mid‑September cloture vote as a bellwether for the digital‑asset market structure bill.

September 15: A Make-or-Break in the CLARITY Act’s Momentum

Alderoty noted that securing the 60 votes needed to end debate would substantially advance the CLARITY Act, potentially sending it to President Donald Trump for signature before the end of 2026. Conversely, repeated failures would push the legislation further back, as attention turns to the midterm elections and Congress prepares for a lengthy recess from early October through mid‑November.

He warned that missing this chance would cause the United States to forfeit significant economic gains and push crypto‑related activity overseas.

Citing an NCA study, Alderoty estimated that roughly 232,000 jobs in the U.S. are tied to the crypto ecosystem, generating about $55 million in economic activity and boosting tax revenues. Without the CLARITY Act, those benefits could shift abroad.

He also debunked the stereotype that crypto ownership is limited to young men in fintech. According to NCA research, the share of holders aged 55 and older matches that of holders under 25, and women make up roughly one‑third of all crypto investors.

The Silver Lining in US Crypto Regulation

Alderoty added that the ongoing work of the SEC and CFTC will continue to provide regulatory clarity for digital assets, irrespective of the CLARITY Act’s fate in the Senate. Still, he said he would prefer the bill to pass, because it would create a stronger framework to protect innovation and ensure consumer‑issuer safeguards in the digital‑asset sector.

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