CLARITY Act Stalls as Senate Prioritizes Other Legislation
The CLARITY Act missed its procedural deadline after Senate Majority Leader John Thune filed cloture on several other measures, leaving the crypto bill's path to a vote uncertain.
Thune did not file cloture on the CLARITY Act, prioritizing spending legislation and college sports bills instead. Disputes over ethics provisions and stablecoin rewards remain unresolved.
Crypto traders have grown cautious as the Senate's procedural window narrows, with Kalshi predicting a 41% chance of passage before July 1, 2027, and 65% by January 1, 2028.