CLARITY Act vote delayed to September, Bitwise warns

The CLARITY Act’s delay until September could briefly pressure crypto prices before removing a major source of uncertainty, according to Bitwise CIO Matt Hougan. Summary Senate leaders delayed the CLARITY Act vote until September after bipartisan negotiations failed to produce an agreement. Bitwise CIO Matt Hougan expects crypto markets to “wobble for a minute” as traders price in the setback. Polymarket odds of passage in 2026 could fall into the teens, Hougan said. Disputes over ethics, illicit finance and stablecoin rewards remain unresolved. What happened Senate leaders have postponed consideration of the CLARITY Act until September, ending efforts to advance the crypto market structure bill before the August recess. Senate Majority Leader John Thune confirmed that the chamber would not vote on the legislation before lawmakers left Washington. He said the bill would be prepared for consideration after senators return. The delay followed several days without a cloture filing, the procedural step needed to limit debate and move toward a floor vote. As reported by crypto.news, Thune filed cloture on spending legislation, nominations and a college sports bill but not the CLARITY Ac...