How Will the Clarity Act Affect Major Crypto Stocks?

Senate Majority Leader John Thune filed cloture on the CLARITY Act bill on August 8, suggesting that voting for the crypto legislation could occur in September after senators resume session after their summer recess. Crypto stocks for US-listed companies face a surge in volatility as investors weigh the implications that the bill could have on prices.

CLARITY Act Eyes September Vote After Cloture Filing

A recent report by CoinGape revealed that the Senate will hold a cloture vote for the CLARITY Act bill on September 15. The vote will occur the day after Senators come back from the summer recess.

This cloture vote inches the bill closer to President Trump’s desk, where it will be signed into law, but it still faces a lot of opposition from Democratic senators.

These senators want tighter ethics rules to ban President Trump and other federal officials from issuing digital assets. If these changes are implemented, Trump could be forced to sell his crypto holdings.

Will CLARITY Act Affect Crypto Stocks?

President Trump has yet to agree to the new ethics provisions on the CLARITY Act bill. This gridlock has pushed the odds of the CLARITY Act bill passing in 2026 to 22% on Polymarket.

Still, Grayscale says that the bill will not have a major impact on digital assets, including crypto stocks, even if it does not pass. Grayscale says that the crypto market has operated for 17 years without the CLARITY Act, and it will continue to do so without the bill.

Analyst Shanaka Anslem on X also says that every week the bill fails to pass, the CFTC and the SEC write crypto rules anyway. Hence, even without the bill, crypto stocks would continue to attract institutional buyers as they have done before.

Major Crypto Stocks to Watch Ahead of CLARITY Act Cloture Vote

Coinbase (NASDAQ: COIN) is the top crypto stock to watch ahead of the September 15 cloture vote for the CLARITY Act bill.

COIN stock price gained by 5.63% on August 7 to close trading at $153. The gains came from rising optimism that the Federal Reserve will not trim interest rates at the September FOMC meeting because of a weak jobs report for July 2026.

These gains suggest that COIN is susceptible to reacting to macro conditions, with this suggesting that the crypto stock could face volatility ahead of the cloture vote on September 15.

The AO bars that have turned green on the one-day chart suggest that the bearish momentum is becoming weak despite falling odds of the CLARITY Act bill passing. The stock also closed trading on August 8 above the resistance of $153, suggesting the uptrend could continue.

Circle (NYSE: CRCL) is also one of the crypto stocks that could face volatility ahead of the CLARITY Act cloture vote.Just like COIN, CRCL stock price is rising despite falling odds that the CLARITY Act bill will pass in 2026.

The stock has gained from $57 to close trading at $66 on August 8. The RSI reading of 50 suggests that the momentum is neutral, but the line has mas made a higher low, indicating that bears are losing their grip.

If the September 15 cloture vote ends in favor of the CLARITY Act bill, the price of CRCL stock could target the psychological resistance of $80 on optimism that the CLARITY bill could boost the use of Circle’s stablecoins by institutions.

Besides the CLARITY Act, investors are also watching prediction markets to identify other macro factors that could move crypto stocks.