CLARITY ACT DELAYED TO SEPTEMBER â ODDS CRASH AS SENATE RECESSES!
đš Major Regulatory Setback: The U.S. Senate has postponed the CLARITY Act vote until September 14. The chamber has now recessed without taking action.
$BTC
· Senate Majority Leader John Thune confirmed the delay
· Democrats declined a time agreement, demanding stronger ethics provisions tied to President Trump's crypto holdings
· Trump disclosed more than $1 billion in crypto income in 2025
· The bill needs 60 votes to overcome a filibuster â backers are unsure if it even holds 50 votes
The Fallout:
· Polymarket odds of 2026 passage have crashed to ~13%
· The bill passed the House 294-134 in July 2025 but has stalled in the Senate
· Industry groups warn that "every day without such a framework pushes American users and builders offshore"
Market Reaction: Bitcoin is trading at $65,240 â up 1.2% despite the delay. The market appears to be pricing in the setback.
Takeaway: The next window is September â but with midterms approaching, the path is narrowing fast!
#Regulation #CLARITYAct #Senate #CryptoPolicy #BTC
đš Major Regulatory Setback: The U.S. Senate has postponed the CLARITY Act vote until September 14. The chamber has now recessed without taking action.
$BTC
· Senate Majority Leader John Thune confirmed the delay
· Democrats declined a time agreement, demanding stronger ethics provisions tied to President Trump's crypto holdings
· Trump disclosed more than $1 billion in crypto income in 2025
· The bill needs 60 votes to overcome a filibuster â backers are unsure if it even holds 50 votes
The Fallout:
· Polymarket odds of 2026 passage have crashed to ~13%
· The bill passed the House 294-134 in July 2025 but has stalled in the Senate
· Industry groups warn that "every day without such a framework pushes American users and builders offshore"
Market Reaction: Bitcoin is trading at $65,240 â up 1.2% despite the delay. The market appears to be pricing in the setback.
Takeaway: The next window is September â but with midterms approaching, the path is narrowing fast!
#Regulation #CLARITYAct #Senate #CryptoPolicy #BTC