Senate won't vote on crypto Clarity Act before its summer break
60-second summary
The U.S. Senate is delaying its August recess but will not vote on the Clarity Act this month, dimming hopes for its passage this year. The bill, which aims to provide regulatory clarity for the crypto industry, will likely be pushed until the fall session. This delay casts uncertainty over the future of U.S.
The U.S. Senate won't go on its August recess just yet but it will not vote on the Clarity Act this month, dimming hopes that the bill can become law this year.