CoinDesk·3 min read·medium

Clarity Act expected to miss its window before Congress' summer break, leadership says

J
Jesse Hamilton
Clarity Act expected to miss its window before Congress' summer break, leadership says
AI Summary

The U.S. Senate's 'Clarity Act' faces delays as it struggles to find floor time before the upcoming summer recess and midterm elections. Lawmakers are currently prioritizing other legislative items, including sanctions on Russian leadership, leaving the crypto industry's primary legislative goal in limbo.

However, the Clarity Act may be able to make a start in its Senate floor process before the long summer recess, Thune indicated, which may soften the blow of missing its primary window.

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Clarity Act expected to miss its window before Congress' summer break, leadership says — Headlinne — headlinne