Under the CLARITY Act, digital commodities would fall to the CFTC. As of August 9, traders put the probability of the CLARITY Act becoming law by 2026 at around 21%. If the vote doesn’t happen, or happens and stalls, the CLARITY Act joins a long list of crypto bills that got close and went nowhere. Frequently Asked Questions What does the CLARITY Act actually do? TD Cowen puts the probability of passage this fall at 25%, with a 75% chance the bill stalls before or after the September 15 Senate vote.