Senate Postpones Clarity Act Vote Amid Packed Legislative Agenda

The United States Senate has postponed its vote on the Clarity Act until September, citing a packed legislative agenda ahead of recess.

According to Politico, Senate leader John Thune explained that lawmakers were prioritizing issues related to the budget bill, Russia sanctions, and confirmation of judges before debating cryptocurrency bills.

The postponement comes as no surprise, given the intense focus on other pressing matters. Prediction markets have already responded, decreasing the probability of passing the bill into law by 2026 from 18% to 15.5% in a single day.