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Clarity Act Delayed to September | Bitcoin and Crypto News
Description
The Senate’s August session is officially off the table for voting on the Clarity Act — a major crypto market structure bill — leaving hopes for a quick win dashed. With lawmakers returning September 14th and only three weeks to tackle unfinished business, including government funding and sanctions, the bill’s fate now hinges on bipartisan compromise. A key sticking point? An ethics provision tied to former President Trump’s reported $1 billion in crypto earnings — Democrats and some Republicans want stricter language, while the White House hasn’t publicly responded. Despite the setback, industry groups like the Digital Chamber are still pushing hard to bridge the gap — though with only 50 votes currently secured, passing the bill may require more than just luck.
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