Thune Pushes Back CLARITY Act Vote Amid Senate Deadlock

South Dakota Senator John Thune has delayed the vote on the CLARITY Act until September, citing Senate deadlock. The bill aims to provide regulatory clarity for the digital asset space.

The delay comes as lawmakers continue to debate the bill's provisions, including its impact on cryptocurrency taxation and anti-money laundering measures.

Thune stated that he hopes to move forward with a vote in the coming months but acknowledged that the Senate is currently at an impasse.