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Solana Policy Institute

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Namestring
Solana Policy Institute
Legal namestring
Solana Policy Institute
Company typeenum
Private
Founded yearint
2025
Descriptiontext

Solana Policy Institute (SPI) is a non-partisan, non-profit policy advocacy organization founded in 2025 and headquartered in Washington, D.C. It educates U.S. federal and international policymakers on the operation of blockchain networks — with a particular focus on Solana and decentralized finance — and advocates for legal frameworks that allow these networks and their developers to operate with regulatory certainty. Its primary 'customers' are U.S. senators, representatives, committee staff, and regulators at the SEC, CFTC, OCC, Treasury, and FTC, alongside foreign legislators such as South Korea's Democratic Party.

SPI's core outputs are not commercial products but policy deliverables: formal comment and coalition letters to federal agencies, amicus briefs in precedent-setting cases (e.g., the DeFi patent lawsuit), drafted legislative language for bills such as the CLARITY Act and GENIUS Act, and the Project Open proposal submitted to the SEC's Crypto Task Force. It also operates the Solana Summit event series (Washington x Wall Street), maintains an active blog, and runs a coalition-based GTM motion in which SPI is the policy voice and partner organizations (Orca, Phantom, Superstate, DeFi Education Fund, Blockchain Association, Crypto Council for Innovation, 1inch, Aave Labs, Dune) provide the industry signatories.

The organization is funded through donations and grants from the Solana ecosystem and aligned crypto-industry contributors rather than priced products or services. It does not have a published pricing model, has no disclosed revenue, and supplements its advocacy with direct political spending — including a $750,000 contribution to the Sentinel Action Fund PAC for the 2026 Ohio Senate race and a $500,000 donation to the legal defense funds of Tornado Cash developers Roman Storm and Alexey Pertsev. Headcount is small (1-10, approximately 7 named staff), but SPI's influence is amplified by its leadership pedigree — Founder/CEO Miller Whitehouse-Levine (ex-DeFi Education Fund CEO, ex-Blockchain Association) and President Kristin Smith (ex-Blockchain Association CEO, ex-Senate aide) — and by its track record of shaping landmark crypto legislation.

Short descriptiontext

Solana Policy Institute is a non-partisan nonprofit that educates U.S. and international policymakers on blockchain regulation, advocates for the Solana ecosystem and DeFi developers, and shapes market structure legislation such as the CLARITY Act and GENIUS Act.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersWashington, United States
HQ citystring
Washington
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
crypto policy advocacy, blockchain regulation, legislative education, non-profit policy research, developer protection advocacy
Industry2 codes
1Governance Frameworks & DAO Tooling (modules, templates, standards)
CodeFSAPAHACPrimaryYes
2Coordination & Contributor Management (tasks, bounties, roles)
CodeFSAPAHADPrimaryNo
NAICS code3 codes
  • Social Advocacy Organizations8133
  • Business Associations813910
  • International Affairs92812
SIC code2 codes
  • Finance Services6199
  • Services-Membership Organizations8600
Product category
Public Policy Advocacy Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Political Contributions and PAC Funding
TypeAffiliate Referral
Description

SPI makes political contributions and funds PACs as part of its advocacy strategy, including $750,000 contribution to Sentinel Action Fund for Ohio Senate race.

cointelegraph.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Marketing or Sales, Operations, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Solana Policy Institute is a non-partisan, non-profit policy advocacy organization that educates U.S. policymakers on blockchain and DeFi regulation. It files legal submissions and amicus briefs, drafts legislative language, organizes high-profile summits connecting policymakers with the crypto industry, and advocates for favorable legislation for the Solana ecosystem, particularly around stablecoins, developer protections, and market structure.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • CLARITY Act advanced to Senate markup with developer protections language included
+2 more records
Product overview1 text field

Solana Policy Institute is a non-partisan, non-profit policy advocacy organization, not a commercial product company. It does not offer software products or technology services. Its offerings consist of policy education initiatives, legislative advocacy, legal filings and regulatory comments, hosted events (Solana Summits), blog content, and participation in political action committees. The organization focuses on educating U.S. policymakers about blockchain technology and advocating for favorable regulations for the Solana ecosystem and decentralized finance.

Product and service3 records
1Policy Advocacy and Education
2Legal Filings and Amicus Briefs
3Solana Summit Events (Washington x Wall Street)
Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
1South Korea's Democratic Party
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-22
Description

South Korea's Democratic Party held a closed-door seminar on June 22 with Solana ecosystem representatives including SPI and Orca to discuss DeFi, DEX regulation, and investor protection as part of drafting crypto legislation. This marked Solana's first public event with Korean Democratic Party members. The party is working on Representative Min Byung-deok's June 10 bill proposing a unified supervisory framework and stablecoin legislation.

ainvest.com
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-22
Description

Participated with SPI in South Korea's Democratic Party seminar on DeFi regulation. Also part of Project Open coalition with SPI and Phantom that submitted legal frameworks to SEC's Crypto Task Force.

Strategic tierMinorTypeGTM or Marketing PartnerAnnounced on2026-06-03
Description

Pro-crypto Super PAC that received $750,000 contribution from SPI for Ohio's 2026 Senate race. PAC pledged to spend more than $8 million in the state alongside its sister organization Right Vote.

Strategic tierCoreTypeGTM or Marketing PartnerAnnounced on2026-04-23
Description

Co-authored a letter with the Blockchain Association urging the US Senate Banking Committee to advance the CLARITY Act, signed by over 120 cryptocurrency and blockchain entities. The coalition warned that absence of comprehensive US regulatory framework risks driving investment, jobs, and technological development offshore.

Strategic tierCoreTypeGTM or Marketing PartnerAnnounced on2026-04-23
Description

Co-authored coalition letters with the Crypto Council for Innovation urging Senate action on the CLARITY Act. Also held informational briefing on Capitol Hill regarding the CLARITY Act to educate congressional staffers. Senator Thom Tillis indicated the bill is ready to move to markup.

6Defend Developers PAC
Strategic tierCoreTypeGTM or Marketing PartnerAnnounced on2026-04-15
Description

A new political action committee established as a hybrid PAC to support incumbent politicians who champion legal protections for crypto developers and DeFi projects. Board includes members from Uniswap Labs, DEF, and the Solana Policy Institute. Plans to raise and contribute more than six figures across key races in upcoming midterms.

cointelegraph.com
Strategic tierMinorTypeGTM or Marketing PartnerAnnounced on2026-03-18
Description

Led the '1inch Forward' coalition of over 20 DeFi projects urging U.S. universities to integrate DeFi and crypto education into business and law school curricula. Coalition includes 1inch, Blockchain Association, DeFi Education Fund, Solana Policy Institute, Aave Labs, and Dune.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-09-12
Description

SPI and DeFi Education Fund jointly filed an amicus brief in a critical patent lawsuit that could fundamentally reshape the future of decentralized finance (DeFi). Also co-authored multiple SEC comment letters on non-custodial wallet software and FTC comment letters on digital asset regulations.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-06-20
Description

SPI, alongside coalition partners Orca, Superstate, and Phantom, submitted comprehensive legal frameworks to the SEC's Crypto Task Force as part of Project Open proposal to establish clear regulatory pathways for digital asset networks.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers8 records
TypeDirect peer
Description

Long-standing non-profit crypto policy research and advocacy organization; competes for mindshare with SPI on legislative priorities.

TypeDirect peer
Description

Trade association for the blockchain industry; SPI's president Kristin Smith is the former CEO, making it a directly comparable advocacy organization with similar mission and Washington presence.

TypeDirect peer
Description

Global crypto advocacy coalition; directly co-authors legislative coalition letters with SPI on bills like the CLARITY Act.

TypeDirect peer
Description

Digital asset trade association advocating for blockchain policy; similar Washington-based policy mission and coalition function as SPI.

TypeDirect peer
Description

Non-profit focused on DeFi policy and education; co-files amicus briefs with SPI and shares founder lineage (Miller Whitehouse-Levine ran DEF before founding SPI).

TypeBroad incumbent
Description

Coinbase-affiliated pro-crypto political movement advocating for favorable regulation; overlaps with SPI's PAC and developer protection mission but is funded by a major exchange.

TypeOthers
Description

Pro-innovation, limited-government advocacy group; adjacent ideological ally in regulatory modernization but not directly crypto-focused.

TypeEmerging player
Description

Pro-crypto political advocacy group; overlaps with SPI on political spending and electoral engagement in crypto-friendly races.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Solana Policy Institute

Public Policy Advocacy Servicessolanapolicyinstitute.org

Solana Policy Institute is a non-partisan nonprofit that educates U.S. and international policymakers on blockchain regulation, advocates for the Solana ecosystem and DeFi developers, and shapes market structure legislation such as the CLARITY Act and GENIUS Act.

What Solana Policy Institute does

Solana Policy Institute (SPI) is a non-partisan, non-profit policy advocacy organization founded in 2025 and headquartered in Washington, D.C. It educates U.S. federal and international policymakers on the operation of blockchain networks — with a particular focus on Solana and decentralized finance — and advocates for legal frameworks that allow these networks and their developers to operate with regulatory certainty. Its primary 'customers' are U.S. senators, representatives, committee staff, and regulators at the SEC, CFTC, OCC, Treasury, and FTC, alongside foreign legislators such as South Korea's Democratic Party.

SPI's core outputs are not commercial products but policy deliverables: formal comment and coalition letters to federal agencies, amicus briefs in precedent-setting cases (e.g., the DeFi patent lawsuit), drafted legislative language for bills such as the CLARITY Act and GENIUS Act, and the Project Open proposal submitted to the SEC's Crypto Task Force. It also operates the Solana Summit event series (Washington x Wall Street), maintains an active blog, and runs a coalition-based GTM motion in which SPI is the policy voice and partner organizations (Orca, Phantom, Superstate, DeFi Education Fund, Blockchain Association, Crypto Council for Innovation, 1inch, Aave Labs, Dune) provide the industry signatories.

The organization is funded through donations and grants from the Solana ecosystem and aligned crypto-industry contributors rather than priced products or services. It does not have a published pricing model, has no disclosed revenue, and supplements its advocacy with direct political spending — including a $750,000 contribution to the Sentinel Action Fund PAC for the 2026 Ohio Senate race and a $500,000 donation to the legal defense funds of Tornado Cash developers Roman Storm and Alexey Pertsev. Headcount is small (1-10, approximately 7 named staff), but SPI's influence is amplified by its leadership pedigree — Founder/CEO Miller Whitehouse-Levine (ex-DeFi Education Fund CEO, ex-Blockchain Association) and President Kristin Smith (ex-Blockchain Association CEO, ex-Senate aide) — and by its track record of shaping landmark crypto legislation.

Solana Policy Institute firmographics

Firmographics
Name
Solana Policy Institute
Legal name
Solana Policy Institute
Website
https://solanapolicyinstitute.org
Company type
Private
Founded year
2025
Operating status
Operating
Headcount range
1–10 employees
Short description
Solana Policy Institute is a non-partisan nonprofit that educates U.S. and international policymakers on blockchain regulation, advocates for the Solana ecosystem and DeFi developers, and shapes market structure legislation such as the CLARITY Act and GENIUS Act.
Ownership category
akta.pro rank

Solana Policy Institute industry classification

Industry
Product category
Public Policy Advocacy Services
NAICS
Social Advocacy Organizations (8133), Business Associations (813910), International Affairs (92812)
SIC
Finance Services (6199), Services-Membership Organizations (8600)
akta.pro primary industry
Governance Frameworks & DAO Tooling (modules, templates, standards) (FSAPAHAC)
akta.pro secondary industry
Coordination & Contributor Management (tasks, bounties, roles) (FSAPAHAD)

Keywords

  • Crypto policy advocacy
  • Blockchain regulation
  • Legislative education
  • Non-profit policy research
  • Developer protection advocacy

Where Solana Policy Institute is headquartered

Location

Headquarters

HQ city
Washington
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Solana Policy Institute business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Marketing or Sales, Operations, Others

Revenue model

  1. Political Contributions and PAC Funding: SPI makes political contributions and funds PACs as part of its advocacy strategy, including $750,000 contribution to Sentinel Action Fund for Ohio Senate race.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Solana Policy Institute product offering

Product offering

Core offering

Solana Policy Institute is a non-partisan, non-profit policy advocacy organization that educates U.S. policymakers on blockchain and DeFi regulation. It files legal submissions and amicus briefs, drafts legislative language, organizes high-profile summits connecting policymakers with the crypto industry, and advocates for favorable legislation for the Solana ecosystem, particularly around stablecoins, developer protections, and market structure.

Product overview

Solana Policy Institute is a non-partisan, non-profit policy advocacy organization, not a commercial product company. It does not offer software products or technology services. Its offerings consist of policy education initiatives, legislative advocacy, legal filings and regulatory comments, hosted events (Solana Summits), blog content, and participation in political action committees. The organization focuses on educating U.S. policymakers about blockchain technology and advocating for favorable regulations for the Solana ecosystem and decentralized finance.

Differentiator

Problem solved

Functional benefit

Products and services

  • Policy Advocacy and Education
  • Legal Filings and Amicus Briefs
  • Solana Summit Events (Washington x Wall Street)

Quantifiable outcome

  • CLARITY Act advanced to Senate markup with developer protections language included
  • +2 more outcomes

Companies that use Solana Policy Institute

Customer profile

Segments3 records

Ideal customer profiles3 records

Solana Policy Institute technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Solana Policy Institute partnerships and signals

Strategic signal

Partnerships

Nine partnerships are on record, tiered core and minor.

  • South Korea's Democratic PartycoreStrategic or Co-development Partner · 22 June 2026South Korea's Democratic Party held a closed-door seminar on June 22 with Solana ecosystem representatives including SPI and Orca to discuss DeFi, DEX regulation, and investor protection as part of drafting crypto legislation. This marked Solana's first public event with Korean Democratic Party members. The party is working on Representative Min Byung-deok's June 10 bill proposing a unified supervisory framework and stablecoin legislation.
  • OrcacoreStrategic or Co-development Partner · 22 June 2026Participated with SPI in South Korea's Democratic Party seminar on DeFi regulation. Also part of Project Open coalition with SPI and Phantom that submitted legal frameworks to SEC's Crypto Task Force.
  • Sentinel Action FundminorGTM or Marketing Partner · 3 June 2026Pro-crypto Super PAC that received $750,000 contribution from SPI for Ohio's 2026 Senate race. PAC pledged to spend more than $8 million in the state alongside its sister organization Right Vote.
  • Crypto Council for InnovationcoreGTM or Marketing Partner · 23 April 2026Co-authored a letter with the Blockchain Association urging the US Senate Banking Committee to advance the CLARITY Act, signed by over 120 cryptocurrency and blockchain entities. The coalition warned that absence of comprehensive US regulatory framework risks driving investment, jobs, and technological development offshore.
  • Blockchain AssociationcoreGTM or Marketing Partner · 23 April 2026Co-authored coalition letters with the Crypto Council for Innovation urging Senate action on the CLARITY Act. Also held informational briefing on Capitol Hill regarding the CLARITY Act to educate congressional staffers. Senator Thom Tillis indicated the bill is ready to move to markup.
  • Defend Developers PACcoreGTM or Marketing Partner · 15 April 2026A new political action committee established as a hybrid PAC to support incumbent politicians who champion legal protections for crypto developers and DeFi projects. Board includes members from Uniswap Labs, DEF, and the Solana Policy Institute. Plans to raise and contribute more than six figures across key races in upcoming midterms.
  • 1inchminorGTM or Marketing Partner · 18 March 2026Led the '1inch Forward' coalition of over 20 DeFi projects urging U.S. universities to integrate DeFi and crypto education into business and law school curricula. Coalition includes 1inch, Blockchain Association, DeFi Education Fund, Solana Policy Institute, Aave Labs, and Dune.
  • DeFi Education FundcoreStrategic or Co-development Partner · 12 September 2025SPI and DeFi Education Fund jointly filed an amicus brief in a critical patent lawsuit that could fundamentally reshape the future of decentralized finance (DeFi). Also co-authored multiple SEC comment letters on non-custodial wallet software and FTC comment letters on digital asset regulations.
  • Project Open Coalition (Orca, Superstate, Phantom)coreStrategic or Co-development Partner · 20 June 2025SPI, alongside coalition partners Orca, Superstate, and Phantom, submitted comprehensive legal frameworks to the SEC's Crypto Task Force as part of Project Open proposal to establish clear regulatory pathways for digital asset networks.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Solana Policy Institute competitors and assessment

Company assessment

Direct peers

  • Coin Center: Long-standing non-profit crypto policy research and advocacy organization; competes for mindshare with SPI on legislative priorities.
  • Blockchain Association: Trade association for the blockchain industry; SPI's president Kristin Smith is the former CEO, making it a directly comparable advocacy organization with similar mission and Washington presence.
  • Crypto Council for Innovation: Global crypto advocacy coalition; directly co-authors legislative coalition letters with SPI on bills like the CLARITY Act.
  • Chamber of Digital Commerce: Digital asset trade association advocating for blockchain policy; similar Washington-based policy mission and coalition function as SPI.
  • DeFi Education Fund: Non-profit focused on DeFi policy and education; co-files amicus briefs with SPI and shares founder lineage (Miller Whitehouse-Levine ran DEF before founding SPI).

Broad incumbents

  • Coinbase Policy (Stand With Crypto): Coinbase-affiliated pro-crypto political movement advocating for favorable regulation; overlaps with SPI's PAC and developer protection mission but is funded by a major exchange.

Others

  • Consumer Choice Center: Pro-innovation, limited-government advocacy group; adjacent ideological ally in regulatory modernization but not directly crypto-focused.

Emerging players

  • Satoshi Action Fund: Pro-crypto political advocacy group; overlaps with SPI on political spending and electoral engagement in crypto-friendly races.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Solana Policy Institute social profiles

Digital presence

Solana Policy Institute financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Solana Policy Institute leadership team

Management profile

Number of profiles

Profiles7 records

Solana Policy Institute funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Solana Policy Institute M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solana Policy Institute

What does Solana Policy Institute do?

Solana Policy Institute is a non-partisan, non-profit policy advocacy organization that educates U.S. policymakers on blockchain and DeFi regulation. It files legal submissions and amicus briefs, drafts legislative language, organizes high-profile summits connecting policymakers with the crypto industry, and advocates for favorable legislation for the Solana ecosystem, particularly around stablecoins, developer protections, and market structure.

Is Solana Policy Institute a public or private company?

Solana Policy Institute is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Solana Policy Institute founded?

Solana Policy Institute was founded in 2025. It employs 1 to 10 people.

Where is Solana Policy Institute based?

Solana Policy Institute is headquartered in Washington, United States, in the North America region.

How does Solana Policy Institute make money?

One revenue line is on record: political Contributions and PAC Funding.

Who are Solana Policy Institute's main competitors?

Direct peers on record are Coin Center, Blockchain Association, Crypto Council for Innovation, Chamber of Digital Commerce and DeFi Education Fund. Coinbase Policy (Stand With Crypto) is listed as a broad incumbent. Consumer Choice Center is listed as an others. Satoshi Action Fund is listed as an emerging player.

Does Solana Policy Institute have an API?

No public API is recorded for Solana Policy Institute.

What industry is Solana Policy Institute in?

Solana Policy Institute's product category is Public Policy Advocacy Services. Its primary akta.pro industry code is FSAPAHAC, Governance Frameworks & DAO Tooling (modules, templates, standards), with a secondary code of FSAPAHAD, Coordination & Contributor Management (tasks, bounties, roles). Its NAICS code is 8133 and its SIC code is 6199.

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Live signals
BeincryptoCrypto Is Winning in Washington Despite Clarity Act Failure, Says Policy ChiefKristin Smith, president of the Solana Policy Institute, said crypto is winning in Washington despite the Clarity Act's Senate failure. She argued rules finished before summer 2028 would be hard to reverse, citing the IRS broker rule and CFTC comment period. A new administration could still undo rules from January 2029.CoinMarketCapKristin Smith returns as Blockchain Association interim CEO, keeps Solana Policy Institute role: Guest Post by COINTURK NEWSKristin Smith will resume as Blockchain Association interim CEO on October 17, succeeding Summer Mersinger, while retaining her role as president of the Solana Policy Institute. Mersinger will advise until end of 2026. The change follows a Senate defeat of the Clarity Act.CryptopolitanKristin Smith takes back Blockchain Association helm while keeping her Solana Policy Institute jobKristin Smith returns as interim CEO of the Blockchain Association on October 17, replacing Summer Mersinger, who leaves on October 16. Smith retains her role as president of the Solana Policy Institute, while Mersinger stays on as an advisor through year-end.American BankerWhy regulation may come for cryptoKristin Smith of the Solana Policy Institute said the Clarity Act failed to pass the Senate, so the industry now relies on existing laws like the Bank Secrecy Act and Genius Act. She expects the SEC and CFTC to regulate tokenized securities and derivatives, with 67 million Americans holding crypto.CoinMarketCapCrypto Group Warns Regulators Against Expanding Stablecoin KYC Requirements: Guest Post by CoincuA crypto industry group, the Blockchain Association, filed a comment letter with U.S. regulators urging that stablecoin customer identification requirements under the GENIUS Act stay anchored to the issuer-customer relationship rather than expanding into downstream payment activity. The DeFi Education Fund and Solana Policy Institute filed a separate letter to FinCEN. Regulators have not issued a final rule as of the report.CoinMarketCapSolana Policy Institute CEO Puts Clarity Act’s Pre-Midterm Odds at Just 10%: Guest Post by TheCoinrise MediaThe Solana Policy Institute's CEO estimates only a 10% chance that the Clarity Act, a bill establishing digital asset regulatory rules, will pass before the upcoming midterm elections due to legislative delays during August recess. The assessment highlights ongoing regulatory uncertainty between the SEC and CFTC, which continues to impact crypto firms' operational planning and compliance strategies. Industry advocates are advised to temper expectations for near-term passage as political priorities shift toward election campaigning.CoinMarketCapCLARITY Act faces 10% pre midterm odds, Solana policy CEO says: Guest Post by crypto.newsSolana Policy Institute CEO Miller Whitehouse-Levine estimates a 10% chance of the CLARITY Act passing before the November midterms, citing congressional calendar constraints and unresolved industry disputes. Senate leaders have scheduled a procedural cloture vote for September 15 to begin consideration of H.R. 3633, while prediction markets place the odds of passage by year-end near 20%. Concurrently, the SEC has proposed separate crypto asset regulations as Congress remains stalled on broader digital asset market structure legislation.The BlockSolana Policy Institute CEO says Clarity Act in 'August recess purgatory,' gives it 10% odds before midtermsMiller Whitehouse-Levine, CEO of the Solana Policy Institute, estimates only a 10% chance that the Clarity Act passes before the November midterm elections, describing the legislation as stuck in congressional recess. He attributes the declining odds to increased involvement from traditional financial institutions and competing stakeholder interests that have complicated the bill's path through Congress. Consequently, the institute is shifting its focus toward urging regulatory agencies to implement frameworks independently rather than waiting for legislative action.CoinMarketCapSouth Korea Report Urges Interim Stablecoin Rules Before Crypto Law: Guest Post by BlockonomiA policy report published July 29 by Hashed Open Research and the Solana Policy Institute recommends South Korea implement interim stablecoin licensing and payment rules before completing the full Digital Asset Basic Act, citing the need to give businesses clarity sooner rather than waiting for the complete framework. Lawmakers are discussing a compromise structure where banks would hold majority ownership of stablecoin issuers while fintech partners manage daily operations, with the Financial Services Commission planning to consolidate ten pending digital asset proposals into one government-backed bill during 2026. The report also raises questions about regulatory requirements for foreign-issued stablecoins offered to Korean users, though all recommendations remain advisory and have not yet been enacted into law.CoinMarketCapCLARITY Act Faces Race Against Senate Clock: Guest Post by BSCNThe Solana Policy Institute (SPI) has formally urged Senate Majority Leader John Thune and Minority Leader Chuck Schumer to schedule a floor vote on the Digital Asset Market Clarity Act before Congress breaks for its August recess, warning that the narrow legislative window may close after the November elections. The bill has passed the House and cleared both Senate committees but needs at least seven Democratic votes to reach the 60-vote threshold, with key Democrats opposing the current version over insufficient ethics provisions. Prediction market platforms estimate less than 50% probability of the bill being enacted in 2026.