U.S. Senate puts off crypto Clarity Act for now as it focuses limited bandwidth elsewhere

Majority Leader John Thune started pursuing a package of nominees on Monday and expected to shift to a Russia sanctions bill Tuesday night, at which point he's set to start its cloture process. The arcane Senate procedure to manage bill debates involves a number of steps and waiting periods before legislation typically get to a final vote, and the chamber's procedures generally limit it to one disputed bill at a time. That means it's unlikely the body can move on the Clarity Act before the other matters get sorted or expire, which could take days.