Alderoty pointed out that on September 15, the Senate will hold its first procedural motion on the bill, the "motion to proceed," which requires 60 votes to pass. He warned that if the legislation fails to pass, the U.S. could "miss an incredible opportunity," leading to a loss of jobs, investment, and innovation to overseas. He also mentioned that even if the legislation stalls, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) will continue to advance cryptocurrency regulation.