JPMorgan says Clarity Act passage odds fell to 6.6% after Senate vote

Sep 17, 2026 17:50 (36d ago)

JPMorgan said SEC and CFTC regulation lacks long-term sustainability after the Clarity Act vote failed.
6.6% was the estimated chance of the bill passing before year-end after the vote.
The current congressional session remains open, so the bill has not been completely derailed.

JPMorgan said cryptocurrency regulation led by the SEC (U.S. securities regulator) and CFTC (U.S. derivatives regulator) lacks long-term sustainability after the Clarity Act failed to advance in a procedural vote in the U.S. Senate. Analysts led by Kenneth Worthington said the agencies could use rulemaking to fill the regulatory gap, but those measures could be reversed by the next administration. The bank said the bill has not been completely derailed because the current congressional session has not ended, although its estimated probability of passing before year-end fell to about 6.6% after the failed vote.