According to The Block, Miller Whitehouse Levine, CEO of Solana Policy Institute, stated at a blockchain seminar in Wyoming that the probability of the CLARITY bill passing before the November midterm elections is only about 10%, and the bill is currently stalled during the August congressional recess. Banks have objections to the yield terms of stablecoins, and securities and derivative companies are concerned about additional terms. Polymarket shows that the probability of signing the CLARITY bill into law before the end of the year is 21%, while Kalshi shows it is 23%, both decreasing from 50% a month ago. Miller Whitehouse Levine said the industry can no longer wait for Congress.