Crypto
U.S. Senate shifts Clarity Act vote to next week, passage before August recess unclear
The U.S. Senate is unlikely to hold a procedural vote this week to begin floor consideration of the Clarity Act, a cryptocurrency market structure bill, shifting attention to next week. CoinPost reported that Republican leaders are prioritising a Russia-Iran sanctions measure, complicating the schedule. Industry participants say leadership should at least start the cloture process before the August recess. If this week’s vote falls through, the bill’s floor entry could slip to after September.
