Clarity Act Likely Slips Past July 4, August Recess Seen as New Target

The crypto market structure bill known as the Clarity Act is unlikely to pass by the July 4 target, with the August congressional recess now seen as the realistic deadline.

• The Senate has only 9 working days before July 4, with major policy disputes still unresolved.
• Ethics provisions tied to President Trump remain a sticking point in negotiations with Democrats.
• Senator Cynthia Lummis acknowledged the timeline 'might take a little more time than the Fourth of July.'
• The bill still needs to merge committee texts, secure 60 Senate votes, and pass the House before reaching Trump's desk.

Coinporta summarises news for fast scanning. Full reporting belongs to the source.