Senate's Last Chance to Pass Crypto Clarity Bill Before Recess
The U.S. Senate is facing a tight deadline to vote on the Digital Asset Market Clarity Act, also known as CLARITY, before its August recess.
Senator Cynthia Lummis, a strong supporter of the bill, expects a Senate vote on the measure before the chamber leaves for its month-long break, which begins in mid-August.
The bill needs 60 votes to overcome a filibuster and pass into law, but opposition from both Democrats and Republicans has made its passage uncertain.
Democratic resistance centers around ethics provisions related to President Donald Trump's digital asset-linked investments, which total over $1.4 billion in earnings for 2025.