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CLARITY Act Update: Crypto Bill Delayed to September After Senate Recess
['Kelvin Munene', 'Kelvin Munene Is A Senior Crypto Journalist', 'Editor With Over Seven Years Of Experience Covering Digital Assets', 'Blockchain Technology', 'Markets. He Has Worked With Top Crypto Publishers In Roles Including Senior Journalist', 'Sub-Editor', 'Editor', 'Shaping Timely News Coverage', 'Editorial Strategy Across The Crypto', 'Stocks Sector.']
Coinpaper
The U.S. Senate will wait until September to consider the CLARITY Act after lawmakers failed to reach an agreement before the August recess.
Senate Majority Leader John Thune said Democrats opposed a pre-recess vote and wanted negotiations on the crypto market structure bill to continue.
Senate Pushes CLARITY Act Vote to SeptemberThe Senate entered its August break without taking up the Digital Asset Market Clarity Act, or H.R.
That agreement could have created room for a CLARITY Act vote, but Democrats to provide the consent needed for the schedule.
Polymarket contracts on whether the CLARITY Act will become law in 2026 traded near 14%, compared with more than 70% in early May.