Former Democratic congressman Tim Ryan said the CLARITY Act could still pass this year if lawmakers resolve disputes that prevented the Senate from advancing it on Sep. 15. Senators voted 49-50, with one not voting, on a cloture motion to proceed to the bill; the motion required 60 votes and was a procedural step toward debate, not a final vote on passage. Ryan, a former Ohio congressman and adviser to Shyft, said ethics, consumer protection, illicit finance and stablecoin rewards remain unresolved. He told crypto.news that bipartisan support for clearer crypto rules remains, and that a compromise could emerge during this year’s lame-duck session. The proposed legislation would establish federal rules for digital-asset markets, assign primary oversight of qualifying digital commodities and spot markets to the CFTC (U.S. derivatives regulator), preserve SEC (U.S. securities regulator) authority over securities-related activity and create registration requirements for trading platforms and other market participants. Ryan said recent SEC and CFTC actions can help firms within existing authority but do not provide the lasting certainty needed for hiring and capital investment. The SEC issued temporary, conditional relief on Sep. 17 for certain venues trading tokenized U.S.-listed stocks through permissioned automated market makers and liquidity pools, while the CFTC issued a separate no-action position for qualifying passive software providers and submitted a proposed crypto-markets framework for White House review. Ryan also cited Bitcoin, XRP and Solana as assets that have received greater regulatory clarity, while calling for consistent rules that avoid case-by-case litigation over asset classifications.