Senate delays Clarity Act vote until after August recess, Thune confirms
60-second summary
The Senate's Clarity Act vote is delayed until after August recess, confirmed by Majority Leader John Thune. Thune stated they will prioritize the bill upon returning, indicating a potential September timeline. The delay may impact the crypto industry's regulatory clarity, with market participants eagerly awaiting the outcome, potentially affecting asset prices and investor confidence in the coming weeks.
Senate Majority Leader John Thune confirmed with The Block, saying: 'We're getting that queued up first thing when we come back.'