Senate Puts CLARITY Act Vote on Hold Until September

The U.S. Senate's planned vote on the CLARITY Act has been delayed until September, pushing a major crypto legislative priority beyond the August recess.

Senate leaders postponed the vote after Democrats withheld pre-recess procedural support, with Senator John Thune confirming the delay and stating that the bill would be queued for consideration when senators return in September.

The CLARITY Act aims to establish a federal market structure for digital assets, dividing oversight responsibilities between the Securities and Exchange Commission and Commodity Futures Trading Commission.