CLARITY Act Faces Narrow Two-Week Window — Senate Must Act Before August 7 Recess
The Senate faces a narrowing window before its August recess to pass the CLARITY Act. Senate Majority Leader John Thune indicated the legislation is unlikely to pass before August. The updated bill text includes ethics language approved by President Trump, stopping the president, vice president, members of Congress, and other senior federal officials from launching cryptocurrencies while serving in office. Crypto advocacy groups—including the Blockchain Association, Crypto Council for Innovation, and The Digital Chamber—are urging Senate leadership to schedule a floor vote before the recess. However, Polymarket odds of passage this year have dropped to approximately 32.5%.
Risk reminder: If the bill stalls until after the November elections, a shifting political landscape could further delay or alter the legislation.
