Bitcoin News

Story: CLARITY Act Stalls With 18 Senate Days Left Before August Recess

By Julie Binoche

1 / 15

No Vote, No New Text, No Timeline. The bill's text hasn't moved. No amendments have been floated publicly, no new draft has…

2 / 15

Russia and the Global Regulatory Race. Russia's push to build out its own crypto framework isn't a minor footnote here.

3 / 15

What Happens If the Recess Hits First. If the Senate hits the August recess without acting, the bill doesn't die automatically — but…

4 / 15

The clock is running. The CLARITY Act — the bill meant to bring actual regulatory structure to the U.S.

5 / 15

And the pressure isn't just domestic. Russia is actively pushing forward its own crypto regulatory framework, which puts a sharper edge on an already uncomfortable situation for U.

6 / 15

The bill's text hasn't moved. No amendments have been floated publicly, no new draft has circulated, and no official word has come from Senate leadership on when — or whether — a…

7 / 15

Stakeholders across the crypto space have been watching the legislative calendar shrink with obvious anxiety. Eighteen days sounds like enough time.

8 / 15

The absence of updated text probably means there are still real disagreements behind closed doors.

9 / 15

Russia's push to build out its own crypto framework isn't a minor footnote here. Major economies moving to establish clear rules for digital currencies changes the competitive…

10 / 15

When other countries lock in regulatory clarity, they attract capital, companies, and talent.

11 / 15

Read also: Lummis Pushes CLARITY Act as Congress Eyes 50-State Digital Asset Rules

12 / 15

It hasn't passed yet. And with 18 days left, the odds aren't great.

13 / 15

The broader international picture is worth sitting with for a second. It's not just Russia. Across Asia, the Middle East, and Europe, governments have been moving — some faster…

14 / 15

The CLARITY Act was supposed to change the conversation. Maybe it still will. But not before August, it seems.

15 / 15

For the crypto industry, a delay past August probably means more months of operating without the federal clarity the CLARITY Act was designed to provide.

The Currency Analytics

Want the full story?