The U.S. Senate is increasingly expected to postpone a vote on the Clarity Act, a proposed crypto market structure bill, until after next week, as lawmakers prioritize a Russia sanctions package and pending federal nominations. The development, reported by CoinDesk, underscores the procedural and political hurdles facing cryptocurrency legislation in the current session.
Why the Vote Is Stalled
The Senate typically handles only one contentious bill at a time, making it difficult to advance the Clarity Act before clearing other legislative priorities. Disagreements persist over a specific provision that would restrict cryptocurrency business activities by senior officials, including President Donald Trump. These unresolved issues have complicated the path to a floor vote.
Timeline and Next Steps
With the Senate’s summer recess scheduled to begin on August 8, it remains uncertain whether lawmakers can act on the bill before the break. If disagreements widen, the chances of passage in 2026 diminish significantly. Even if the Senate approves the Clarity Act, it would still require a second vote in the House and the president’s signature to become law.
bitcoinworld.co.in