CLARITY Act · US Senate · US Congress · 99Bitcoins
Senate’s August Deadline Puts CLARITY Act on a Knife-Edge
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The Digital Asset Market Clarity (CLARITY) Act, the most consequential crypto market-structure bill currently moving through Congress may get its defining week starting July 13, when a merged Senate draft is expected to land.
Key facts
- The July 13–August 7 stretch is the industry’s clearest shot at federal market-structure rules in years
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- The merged text combines separate drafts from the Senate Banking Committee and the Senate Agriculture Committee into a single bill, adding more than 70 pages of new language in the process
- The Digital Asset Market Clarity (CLARITY) Act, the most consequential crypto market-structure bill currently moving through Congress may get its defining week starting July 13, when a merged Senate
Summary
Senate floor action is then targeted for July 20, giving the industry a narrow four-week runway before lawmakers leave for the August recess. The merged text combines separate drafts from the Senate Banking Committee and the Senate Agriculture Committee into a single bill, adding more than 70 pages of new language in the process. According to multiple analysts, the unified version places heavier emphasis on consumer protections than earlier drafts, a deliberate design choice aimed at broadening its Senate coalition. A new version of the Digital Asset Market CLARITY Act could be released as soon as next week, according to sources.