The vote on the CLARITY Act has been pushed to September after Senate Democrats withheld consent to bring it to the floor before the August recess. The bill H.R. 3633, which aims to split crypto oversight between two regulators, needs 60 votes to pass. Ethics remain the main sticking point: Democrats are pushing for tighter limits on federal officials tied to digital asset businesses, particularly the Trump family crypto ventures. According to Polymarket, contracts on a 2026 signing now trade near 15%, down from over 70% in early May, across $5.16 million in volume.
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