US Senate unlikely to vote on Crypto Clarity Act before August recess

https://en.wikipedia.org/wiki/United_States_Senate_chamber The US Senate is reportedly not expected to vote on the Crypto Clarity Act before the August recess, according to a recent update from WatcherGuru. This development suggests that the bill, which has already passed the House and cleared the Senate Banking Committee, may face delays in becoming law. Senate Majority Leader John Thune had previously indicated that a vote should occur before the recess, but reports of tight scheduling and a lack of a scheduled floor vote have emerged. This delay is seen as a setback for the bill’s proponents who aim to provide regulatory clarity for the US crypto market. Key Takeaways Market pricing suggests a decreased likelihood of the Clarity Act becoming law in 2026, as the Senate is unlikely to vote before the August recess. The Clarity Act’s passage has faced delays despite previously passing the House and the Senate Banking Committee. Current pricing reflects a drop in YES probabilities, now at 34.5%, down from 38% 24 hours ago and 43% a week ago. What to Watch Observers will be looking for any changes in Senate scheduling that might allow for a vote before the recess, which could be cons...