- The Senate has only a few business days to vote on the CLARITY Act before its August recess, and no vote is currently scheduled.
- Senator Cynthia Lummis expects a vote on the bill, which would require 60 votes to overcome a filibuster.
- Opposition from Democrats over ethics provisions concerning President Trump’s crypto investments and from Republican Senator Josh Hawley over banking concerns threatens the bill’s passage.
The window for the US Congress to pass a comprehensive cryptocurrency market structure bill is closing as the Senate is set to go on recess in a matter of days, with lawmakers yet to announce clear plans to vote on the legislation. In a Wednesday X post, Senator Cynthia Lummis said she anticipated that the Senate would vote on the Digital Asset Market Clarity Act before the chamber breaks for its month-long August recess.
The Wyoming lawmaker has been one of the biggest proponents for the crypto bill, which has split many members of Congress and industry leaders over different provisions on ethics, stablecoins and tokenized equities. “It’s just time to get people on the record,” said Lummis.
The CLARITY Act, passed in the House in July 2025 with a 294-to-134 vote, still faces opposition from many Democrats seeking stronger ethics provisions affecting President Donald Trump‘s investments. The president has been under additional scrutiny since he disclosed he earned more than $1.4 billion from investments tied to digital assets in 2025.
As of Wednesday, Senate Democrats’ calendar showed no vote scheduled for CLARITY, giving the chamber only a few business days to resolve the matter. However, Senate Majority Leader John Thune is reportedly still planning to schedule a vote before Saturday.
The bill would need 60 votes in the Senate to invoke cloture and end a filibuster. It also faces opposition from at least one Republican lawmaker, Senator Josh Hawley, who will reportedly withhold voting in favor until it addresses concerns from banks. Although lawmakers reached a compromise with banking groups over stablecoin yield, some industry leaders continue to push for provisions requiring crypto companies to have comparable licensing and restrictions as banks.
After Friday, the Senate will be on recess until mid-September, pushing consideration of the crypto bill into the lead-up to the 2026 midterm elections.
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