In Clarity Act’s final weeks, its path through U.S. Senate not getting much clearer
Tough negotiations linger in several difficult arenas, but crypto’s Washington lobbyists are flying in allies this week and still hoping for a July vote.
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Summary
- At least four major boxes still need to be definitively checked before the crypto Clarity Act can get to a floor vote in the U.S. Senate, and one of them is a political challenge to President Donald Trump’s own crypto ties.
- The market structure legislation has about five weeks left to get approval before Congress’ summer break, which leads into the height of the midterm elections season.
- Crypto industry executives are flying in to Washington to make their case to senators.
