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Following Senate delay, crypto bill has a narrow window to become law — TradingView News

Following Senate delay, crypto bill has a narrow window to become law — TradingView News

The Digital Asset Market Clarity (CLARITY) Act is expected to be held for a cloture vote in September upon the US Senate’s return, but it still faces significant hurdles on the path to becoming law.

Just before the Senate broke for a month-long recess last week, Majority Leader John Thune filed cloture for the crypto market structure bill to go to the floor for consideration. Lawmakers will return from recess on Sept. 14, but only have 14 days scheduled to be in session before breaking for a recess before the November election and another 22 days before the end of the year.

This 36-day window for the CLARITY Act still has many crypto industry advocates publicly expressing their optimism for the bill’s chances in Congress, but…

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