Senate Puts CLARITY Act on Hold Amid Ethics Provision Dispute

The US Senate has put the Digital Asset Market Clarity Act (H.R. 3633) on hold, effectively delaying any potential vote until after its August recess.

This move comes as a result of an unresolved ethics provision that has stalled bipartisan agreement on the bill.

The provision in question relates to President Trump's crypto holdings, which have driven Democratic opposition to the bill.

The Senate had previously passed the merged legislative framework, but the House and Senate versions still need to be reconciled before a final enrolled bill can reach the president's desk.