The Senate has officially delayed a vote on the CLARITY Act until after its August recess… for many of us  who operate in this space every single day… this is not a great surprise…

Please realize… this isn’t just procedural foot-dragging… it’s a calculated move that all but guarantees the bill won’t pass in 2026. 

When lawmakers return, they’ll have a few short weeks before the midterm election machine grinds everything to a halt. 

This means that this bill is even more of a long shot than it was before…

The establishment has once again chosen to kick the can down the road… choosing to leave innovators and users in a state of perpetual uncertainty.

Why They Can’t Agree

So, what’s the holdup? 

It’s the same tired story of political infighting and unresolved disagreements. 

They’re still bickering over ethics rules for officials who hold crypto… how to regulate DeFi… and even the rewards on stablecoins. 

What’s the biggest fight? 

The classic power struggle between the SEC and the CFTC over who gets to control the industry. 

Republicans are pointing fingers at Democrats for blocking the vote… while Democrats claim they’re just trying to get the details… it’s just part of the typical circus we see everyday in D.C.

And the unfortunate outcome… we pay the price…