Senate Set to Vote on Crypto Regulation Bill Before Recess
Senate Majority Leader John Thune (R-S.D.) expressed optimism that the chamber will hold an initial vote on a bill to regulate cryptocurrency before its planned recess later this week.
In a statement on Monday, August 3, 2026, at 8:19 PM UTC, Thune said he still expects market structure legislation to get a vote. The Senate has 'a bunch of stuff we have to finish' in a tight window, according to Thune.
The Clarity Act (H.R. 3633), closely watched by crypto backers, aims to regulate cryptocurrency and is a key piece of legislation for the industry. The bill's supporters have pushed for an initial procedural vote to close debate on the measure.