Senate Delays Clarity Act Crypto Bill Vote To September
The delay leaves the bill’s chances of passing this year lower as unresolved ethics, custody and stablecoin issues continue to divide lawmakers.
- Senate Majority Leader John Thune confirmed late Thursday that the Senate will delay a vote on the Digital Asset Market Clarity Act until after its August recess, dimming prospects for the legislation becoming law this year.
- Unresolved ethics concerns regarding President Donald Trump's digital asset holdings stalled negotiations, as legislative aides reported that the sheer number of outstanding issues created an insurmountable wall for a procedural vote.
- The Clarity Act aims to establish a federal market-structure framework for digital assets, while Senator Angela Alsobrook and Senator Cynthia Lummis continue negotiating bipartisan provisions protecting consumers and fighting illicit finance.
- Market-Based odds for the legislation becoming law in 2026 fell to roughly 15.5%, down from about 30% a week earlier, though Digital Chamber CEO Cody Carbone said "the fight is far from over."
- Lawmakers will not return to Washington until Sept. 14, leaving a narrow window before elections; Thune plans to prioritize the bill upon their return, though the compressed legislative calendar complicates passage prospects.
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43 Articles
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Analysis:Crypto bill faces long odds after Senate punts vote to September
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