โ๏ธ CLARITY Act Senate Clock Ticking: August 7 Is Crypto's Last Day Before Recess
The U.S. Senate's major crypto market-structure bill is on a knife-edge with August 7 as the final scheduled workday before lawmakers break for recess. Passage odds sit at a reported record-low 27%, as the bill still needs 60 votes to clear a filibuster. The CLARITY Act โ which would define whether crypto assets are securities or commodities โ cleared the Banking Committee 15-9 back in May. Will the Senate deliver or leave crypto in regulatory limbo until fall? Not financial advice.
