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CLARITY Act Vote Delayed Until 2026 Amid Senate Inaction

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Legislation aimed at providing clarity on cryptocurrencies has seen its odds of passing sink as a delay in Senate action threatens to push a vote back to 2026.

The CLARITY Act, which was introduced by Senator Ted Cruz and seeks to provide regulatory certainty for digital assets, had been expected to be voted on this year. However, with the latest developments, it appears that this will no longer happen.

According to reports, the Senate's inaction has dealt a significant blow to the prospects of the CLARITY Act passing in 2023 or even 2024. With a delay expected, proponents are now eyeing a potential vote in 2026.

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