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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
09/21/2026

CLARITY Act Stalls; Standard Chartered Sees 70x Upside for Arbitrum by 2030

What happened: The CLARITY Act failed a Senate cloture vote (49-60), though procedural comments suggest revival is possible.

CLARITY Act Stalls; Standard Chartered Sees 70x Upside for Arbitrum by 2030

What happened: The CLARITY Act failed a Senate cloture vote (49-60), though procedural comments suggest revival is possible. Meanwhile, Standard Chartered's Geoff Kendrick projected Arbitrum (ARB) could reach $10 by 2030, a 70x increase from current levels, citing strong protocol revenue and TradFi adoption via Robinhood Chain. The American Reserve Modernization Act advanced, formalizing the Strategic Bitcoin Reserve.

Why it matters: The CLARITY Act's failure leaves the U.S. regulatory landscape in flux, but the SEC's tokenized-stock exemption partially fills the gap. Kendrick's bullish ARB forecast highlights growing institutional interest in L2s, though he notes risks around adoption pace and competition. The formalization of a Bitcoin reserve signals further mainstream acceptance of crypto as a strategic asset.

Source: Cointelegraph Magazine