CLARITY Act Vote Delayed Until September Amid Ongoing Negotiations

The CLARITY Act, Congress's flagship crypto market structure bill, has hit another snag as the Senate pushes its vote into September. The delay is largely due to Democrats declining to agree to a time agreement that would have sped up floor business and allowed for a path to vote before recess.

One of the thorniest sticking points in the bill is a proposed ethics provision aimed at addressing concerns about President Trump's crypto ventures. Under this proposal, federal officials, including the president, would need to divest any crypto holdings worth more than $1 million that also represent at least 10% of a company's value.

The delay has also sparked increased spending from crypto-aligned super PACs ahead of the 2026 midterms. Fairshake, for example, disclosed spending over $1.5 million on ads in support of several candidates who have backed both the GENIUS Act and the CLARITY Bill.