BlockBeats report: On July 24, U.S. Senate Majority Leader John Thune stated that the CLARITY Act may not be finalized before the summer recess, but he hopes to at least initiate full chamber consideration before the break. The industry had previously viewed August 7 as a critical window for the bill’s passage this year; if delayed until autumn, the likelihood of completing legislation by 2026 will decrease.
White House crypto advisor Patrick Witt believes the Senate may still take action in the first week of August, but the likelihood of the bill receiving a final vote in July is low. (CoinDesk)

