Ripple Chief Legal Officer Stuart Alderoty said Sept. 15 will be a pivotal date for judging whether the U.S. crypto market structure bill known as the Clarity Act can keep moving through Congress. Speaking at the Wyoming Blockchain Symposium 2026, Alderoty said the Senate is set to hold its first procedural motion on that date to decide whether to move into formal consideration of the bill. The motion will need 60 votes to clear the way for the legislation to advance.
Alderoty, who also serves as president of the National Crypto Association, said the outcome will act as a signal for whether the Clarity Act still has a path forward in Congress. He added that even if market structure legislation stalls, the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission have both said they will continue developing crypto regulations. In his view, the two agencies have recently shown closer coordination on digital asset oversight, which he described as a positive sign. Still, he said the industry would prefer congressional legislation because statutory law is more durable and harder to reverse than agency rulemaking alone.
Ripple Chief Legal Officer Stuart Alderoty said Sept. 15 will be a key date for assessing whether the U.S. crypto market structure bill, the Clarity Act, can continue advancing.
Speaking at the Wyoming Blockchain Symposium 2026, Alderoty said the Senate will hold its first procedural motion on Sept. 15 to decide whether to move into formal consideration of the bill. The motion needs 60 votes to pass before the legislation can move ahead.
Sept. 15 seen as the bill’s first major test
Alderoty said the date will serve as a barometer for whether the Clarity Act still has a path forward in Congress.
He also serves as president of the National Crypto Association. Alderoty said that even if market structure legislation is blocked, the U.S. Securities and Exchange Commission, or SEC, and the Commodity Futures Trading Commission, or CFTC, have already said publicly that they will keep pushing ahead with crypto rulemaking.
Closer SEC-CFTC coordination draws attention
He said the recent increase in coordination between the two regulators is a positive sign. In the past, the SEC and CFTC did not always work in step, but they are now cooperating more closely on oversight of crypto assets.
Even so, Alderoty said the industry still wants Congress to pass legislation, arguing that a law is more stable and harder to undo than regulation developed solely through agency rules. He said the U.S. will get crypto regulation either way. The difference, in his view, is whether the framework comes through a more durable act of Congress or through rulemaking led by regulators alone.
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