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U.S. Senate to Vote on CLARITY Act Next Week… Passage Before August Recess Still Unclear

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Key summary

2 min read
  1. The U.S. Senate is unlikely to hold a cloture vote on the Clarity Act this week, delaying debate on the crypto market-structure bill.

  2. Lawmakers are shifting priority to a Russia-Iran sanctions bill, pushing Clarity Act discussions to next week.

  3. The delay increases the risk the bill could slip past the August recess into September, prolonging regulatory uncertainty for crypto.

  4. Senate Majority Leader John Thune has been closely watched as the schedule shifts.

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