Senate’s August Deadline Puts CLARITY Act on a Knife-Edge
Senate’s August Deadline Puts CLARITY Act on a Knife-Edge
Both Thune and Scott have been coordinating the July push. Stalled US crypto legislation has already been cited by market analysts as a drag on price forecasts; Citi flagged the legislative uncertainty as a factor in its revised Bitcoin and Ether outlooks, making a clean Senate passage consequential well beyond Capitol Hill.
The Road After the Senate
Even a successful vote on the Senate floor does not end the process. The House passed its own version of the CLARITY Act in July 2025 by a 294-134 margin, but House Republicans have been slowed by internal infighting for weeks.
Before the bill can reach President Trump's desk, both chambers must reconcile their texts – a step that adds another layer of political risk on top of the Senate's own countdown.
The regulatory framework the bill would establish, splitting oversight between the SEC and CFTC based on whether a digital asset is classified as a security or a commodity, has been the subject of active debate, with the SEC already moving to overhaul its crypto regulatory approach in parallel.
The July 13–August 7 stretch is the industry's clearest shot at federal market-structure rules in years. Whether it lands depends on language that has not yet been written and votes that have not yet been committed.
This article has been published in yahoo.com via Yahoo News.
Senate’s August Deadline Puts CLARITY Act on a Knife-Edge
The Digital Asset Market Clarity (CLARITY) Act – the most consequential crypto market-structure bill currently moving through Congress may get its defining week starting July 13, when a merged Senate draft is expected to land. Senate floor action is then targeted for July 20, giving the industry...
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