Clarity Act expected to miss its window before Congress' summer break, leadership says
CoinDesk·
60-second summary
Majority Leader Thune states the Clarity Act, a crypto market structure bill, will likely miss its deadline before Congress' summer break, despite possible progress starting before then. The bill's delay raises concerns about regulatory clarity, potentially affecting investor confidence and market stability, as lawmakers struggle to finalize the legislation before the break.
The deadline to get the crypto market structure bill done before senators scatter will likely be missed, says Majority Leader Thune, though it may get a start before then.