‘Disappointing’ — crypto advocates react to delay in CLARITY vote
Following a procedural delay in the US Senate, lawmakers are expected to address a major crypto market structure bill after they return from a month-long recess, which met with industry criticism.
With the Digital Asset Market Clarity (CLARITY) Act now set for a cloture vote in September, many advocates and industry leaders are frustrated and disappointed at lawmakers’ failure to act before the US Senate broke for a month-long recess.
On Saturday, the Senate Daily Press reported that Majority Leader John Thune filed cloture on a motion for the CLARITY Act to go to the chamber floor for consideration, ending speculation that lawmakers would address the bill more than a year after it was passed by the House of Representatives. The CLARITY vote is now expected when the Senate reconvenes in mid-September, and would require support from 60 senators to pass.
Across the crypto industry, many executives and advocates expressed their disappointment with the Senate’s inaction, as the push to September will happen with just 50 days before the 2026 midterm elections, likely reducing the odds of CLARITY passing.
