Senate Delays CLARITY Act Vote, Injects Regulatory Uncertainty into Crypto Market
The crypto market remains cautious following the U.S. Senate's decision to postpone the CLARITY Act vote until September. This delay casts regulatory uncertainty over the digital asset market, sending a ripple effect through the sector.
Senate Majority Leader John Thune confirmed that legislators would not vote on the bill before the August recess, with the expectation of reconvening in September and bringing the legislation back for consideration.
This move has significantly decreased the chances of the CLARITY Act being passed by 2026, from nearly 50% to just 13%, according to Polymarkcap data.