星球日报
星球日报|Jun 01, 2026 15:00
The Clarity Act faces pressure to pass before July 4th, as the US Senate faces schedule congestion or delays in advancing the bill Odaily Planet Daily News: The US Senate has resumed its session after ending the Memorial Day recess, but only has about a four week legislative window left. It will then enter a two-week break related to Independence Day on July 4th, putting time pressure on the advancement of the Clarity Act, a cryptocurrency market structure bill. The report points out that during this period, the Senate needs to prioritize multiple agendas, including funding for the Department of Homeland Security, Pentagon budget supplements, and the extension of FISA Section 702 authorization, making the legislative schedule highly congested. Even if it enters the deliberation stage, the relevant voting process may continue for one to two weeks. At the same time, the bill itself is still in the coordination stage between the Senate Banking Committee and the Agriculture Committee versions, and there are still differences in some key provisions, making the negotiation progress more complex. The long-term game around issues such as stablecoin returns has consumed a lot of political resources, and the current focus has shifted to the unresolved differences in the terms of the Agricultural Committee version. As the bill requires 60 votes in the Senate to overcome filibustering, cross party consensus becomes crucial. Several Democratic senators have stated that ethical constraints surrounding government officials' holdings of encrypted assets and the regulatory authority of law enforcement agencies in the DeFi field will be important prerequisites for supporting the bill. Analysts point out that even if the bill is not passed before July 4th, it may still continue to advance before the August recess, but if it is delayed until the deepening stage of the election cycle, its political momentum may face uncertainty. (Crypto In America)
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