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US Senate Delays Crypto Clarity Act as Russia Sanctions Take Priority
The Senate prioritizes Russia sanctions, pushing the crypto clarity bill to the final days before the August 8 recess; an ethics provision on Trump's crypto ties remains unresolved.
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The U.S. Senate has pushed back consideration of the Digital Asset Market Clarity Act. Majority Leader John Thune is steering the chamber toward a Russia sanctions package and a stack of federal nominations. The move leaves a narrow window for one of the crypto industry's most anticipated bills before the August 8 recess.
The sanctions bill targets Russian leadership and imposes tariffs on certain trading partners. It entered the Senate's cloture process this week, a procedural sequence that can consume several days and typically blocks the chamber from handling another contested bill at the same time. The Clarity Act is unlikely to reach the floor before next week. The Senate calendar offers only a handful of legislative days before the recess.