Senator Cynthia Lummis stated she expects the Senate to vote on the CLARITY Act before the August recess. This bill, formally known as the Digital Asset Market Clarity Act of 2025, aims to clarify regulatory authority over digital assets between the SEC and the CFTC. The legislation already cleared the Senate Banking Committee with a 15-9 vote. Markets currently price the odds of the CLARITY Act being signed into law by the end of 2026 at 15.5%, a significant drop from 26% two days ago, reflecting increased uncertainty.
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