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U.S. Senate Schedule Jeopardizes CLARITY Act Passage as Crypto Regulatory Uncertainty Persists
U.S. Senate Schedule Jeopardizes CLARITY Act Passage as Crypto Regulatory Uncertainty Persists
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BTCCSquare news:
Galaxy Digital has slashed its odds for the CLARITY Act's adoption from 75% to 60%, citing legislative gridlock in the Senate. The bill faces mounting procedural hurdles—including required floor debates, reconciliation with agricultural committee versions, and House approval—as competing priorities consume the legislative calendar.
Border security funding and failed FISA reauthorization votes have derailed the Senate's agenda, leaving limited working days before August recess. This delay prolongs the crypto industry's wait for federal regulatory clarity, with market participants closely monitoring Washington's ability to advance the landmark legislation amid election-year pressures.
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