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Trump Stalls Bipartisan Crypto Bill Ahead of Recess Deadline

Guavy AI Editorial Team
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U.S. President Donald Trump has yet to sign off on the CLARITY Act, which aims to improve crypto regulation in the country. The bipartisan bill has been making its way through Congress but faces a looming deadline as the Senate is set to go on recess by August 7.

The optimism surrounding the passage of the bill has faded, with the odds of Trump signing it into law this year falling below 30%. This means that the chances of the CLARITY Act becoming law are dwindling, and its future remains uncertain.

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