Solana Policy Institute CEO: CLARITY is Unlikely

Summary

This interview with Solana Policy Institute CEO Miller Whitehouse-Levine focuses on crypto policy rather than direct investment calls. He puts the odds of the CLARITY Act passing before the midterms at about 10% and argues that regulators should act while Congress stalls. His wish list includes developer liability resolution, an SEC compliant ICO path, on-chain trading of US equities, and CFTC rules for on-chain derivatives.

• CLARITY Act remains stuck after passing the House and Senate Banking Committee; a September 15 procedural vote is scheduled.
• Miller puts CLARITY Act passage odds before the midterms at about 10%.
• TradFi stakeholders such as banks, Citadel, SIFMA, and derivatives players are now engaging with the bill.
• His top wish is resolving developer-liability concerns tied to the Roman Storm conviction.
• He wants SEC action on compliant ICOs and an innovation exemption for on-chain US equities.
• He also wants a CFTC pathway for on-chain derivatives trading.
• The CFTC is set to hold a three-hour roundtable covering prediction markets and crypto.