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Ten days before the key vote, the CLARITY bill lost key opponents

2026-09-05 16:21:18
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The CLARITY Act takes a major turning point: The National Sheriff's Association turns neutral

Summary

Ten days before the National Senate holds a key vote scheduled for September 15, the National Sheriff's Association (NSA), which has long blocked encrypted regulatory texts, changed its stance. At the same time, there is another piece of news circulating within the market that may cause shocks.

  • The National Chiefs Association (NSA) switched from opposition to neutrality before the final vote.
  • Section 604 and the US$1.4 billion crypto revenue controversy related to the Trump family remain major points of friction.
  • Alice Liu, director of research at CoinMarketCap, warned that there could be a "Sell the News" market reaction after the vote, but she also predicted that Bitcoin could reach US$500,000 by 2030.

The Sheriff's Association concedes, reducing obstacles to the advancement of the CLARITY Act

After months of pressure on the U.S. Senate, the National Sheriff's Association (NSA) finally stopped fighting hard. Although the association has not yet formally supported the CLARITY Act, it has stopped erecting obstacles, a stance from open opposition to neutrality that is significant for the final vote due on September 15, 2026, with only ten days left.

This vote requires 60 votes to pass. Currently, Republican lawmakers have 53 votes, so they only need to win the support of at least seven more Democratic lawmakers with reservations. Among them, Catherine Cortez Masto previously relied on these objections letters from the Sheriff's Association to justify her opposition vote. As the NSA's stance shifted, this resistance greatly weakened. However, the situation is not entirely clear, as Section 604 remains the focus.

Section 604 is designed to protect cryptographic software developers from being considered fund managers. The rule is regarded as a boon by innovation advocates, but it is a nightmare for those committed to fighting money laundering.

Does the crypto market itself pose a real threat?

As Washington negotiates with the Sheriff's Association, the crypto market itself is worrying about a completely different scenario: Will the CLARITY Act, once passed, turn into a classic "good for everything" event? Alice Liu, director of research at CoinMarketCap, raised this question. In her view, the encryption market has already digested the news in advance. Therefore, when the text is actually adopted, there will be a lack of buying motivation in the market, everyone will tend to sell, and the much-awaited regulatory clarity may instead become an excuse for profit-taking.

This phenomenon is common in the encryption ecosystem, but given the scale of this legislative document, its impact is particularly special. Alice Liu predicts that Bitcoin will climb to $500,000 by 2030. However, her view of artificial intelligence (AI) tokens is colder, believing that they are driven more by narrative hype rather than based on practical application value.

In summary, the CLARITY Act overcomes the major obstacle of the National Association of Chiefs of Police. But a victory in the Senate does not guarantee an inevitable rise in the market. The real game between the end of the vote and the potential risk of "exhausting all the good" may just begin after September 15.

Disclaimer:

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