The U.S. Senate has not included a vote on the CLARITY Act in its August 5 agenda, causing a delay in the legislative process for this cryptocurrency market structure bill. The text has already passed the House of Representatives and cleared the Senate Banking Committee following a bipartisan vote. Despite being eligible, the bill is not scheduled for floor debate, leaving its path to becoming law uncertain. Market participants interpret this absence of action as a setback for the CLARITY Act’s prospects of being signed into law in 2026. Market pricing reflects a significant reduction in the likelihood of the bill becoming law.
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