Crypto lobby fails to secure Clarity Act vote before August recess

The crypto industry’s biggest legislative priority just got pushed back again. The US Senate adjourned for its August 2026 recess without holding a floor vote on the Digital Asset Market Structure Clarity Act, the sweeping 616-page bill that would establish the first comprehensive regulatory framework for digital assets in the country. Senate Majority Leader John Thune confirmed on August 7, 2026, that the vote would be postponed until September, blaming Democrats for refusing to agree to a procedural timeline that would have allowed the measure to reach the floor before lawmakers scattered for the break. A bill that can’t seem to get across the finish line The CLARITY Act has been on a long and winding road. It cleared the House on July 17, 2025, with a bipartisan vote of 294-134. Since then, the bill has been stuck in a cycle of negotiations, objections, and delays. The sticking points are varied and politically charged: ethics provisions tied to President Trump’s family businesses, concerns raised by law enforcement agencies, and pointed objections from the banking industry have all contributed to the holdup. Getting the bill to a vote requires 60 senators to agree on cloture, t...