Topic: #senate
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Digital Asset Clarity Act stalls in Senate as August recess looms
The U.S. Senate has not yet indicated whether it will advance the Digital Asset Market Clarity Act before its summer recess on August 7. Negotiations over ethics provisions and agricultural language continue, with multiple scenarios possible ranging from an immediate vote to delay until September.
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Senate races to pass CLARITY Act before August recess amid GOP opposition
The CLARITY Act, which would regulate stablecoins and digital asset platforms, enters its final week before the Senate's August recess with a 30% passage probability. Republican and Democratic objections threaten to derail the bill by Friday.
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Senate Faces Week-Long Window to Advance Digital Asset Clarity Act
The Senate heads into recess in one week with the Digital Asset Market Clarity Act still unresolved. An ethics provision stalemate between lawmakers and the White House is the primary blocker, though a procedural vote this week could position the bill for passage in September.
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CLARITY Act ethics compromise under White House review ahead of Senate vote
The White House is reviewing a bipartisan ethics compromise on the CLARITY Act, which seeks to reform digital asset markets. The bill has cleared the Senate Banking Committee but requires 60 votes to advance, with a floor vote before August recess still uncertain.
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Senate Democrats reject Trump ethics provision in Clarity Act
Senate Democrats rejected White House-backed ethics language in the Clarity Act, prompting bipartisan negotiations on revised enforcement rules. Majority Leader Thune no longer expects passage before the August recess.
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Clarity Act draft expected this week as Senate pushes toward July floor vote
Multiple sources told CoinDesk that lawmakers plan to unveil an updated version of the Clarity Act crypto bill this week, combining previous Senate committee versions. The bill faces tight timelines and Democratic support challenges before a potential July floor vote.
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Clarity Act navigates final hurdles as Senate eyes July vote
The Digital Asset Market Clarity Act faces tough negotiations on ethics, DeFi liability, and stablecoin yield as crypto industry groups mobilize lawmakers this week, hoping for a Senate floor vote by mid-July.