[Prospects for the Passage of the 'CLARITY Act' in August Remain Uncertain Amidst Stacked Senate Agenda] BlockBeats News, May 23: Crypto journalist Eleanor Terrett revealed that the U.S. Senate failed to reach an agreement this week due to disagreements over border security, causing the 'Cryptocurrency Market Structure Bill' (i.e., the CLARITY Act) to be postponed until early June for Senate discussion. With multiple priority items piling up, including funding, housing, farm bills, and the expiration of FISA, the prospects of the bill entering the Senate floor in July and passing before the August recess remain uncertain. Currently, Senate staff are continuing to merge texts from the Agriculture and Banking Committees and advancing technical drafting during the recess.