Expert: CLARITY Act Vote May Delay Final Passage Until After 2027

TD Cowen's Jaret Seiberg indicated that the May 14 vote on the CLARITY Act is a step towards bringing the bill to the Senate floor, rather than finalizing its passage. According to NS3.AI, Seiberg highlighted that unresolved conflict-of-interest issues related to the Trump family's cryptocurrency ventures could delay the bill's passage until after 2027, with final regulations potentially not being established until 2029.