Progress of the 'CLARITY Act' Stalled: July 4 Signing Target Missed, Legislative Window Rapidly Narrowing

BlockBeats News, July 6: The original target to sign the 'CLARITY Act' on July 4 has been missed, and the window for passing the legislation before the midterm elections is rapidly narrowing. Although much of the Senate's work can proceed behind the scenes during the summer recess, the House procedures are currently at a standstill. Negotiators remain optimistic about passing the bill by 2026, but critical coordination must be completed before the Senate recess on August 7. If the bill fails to pass before the midterm elections and the Democrats gain control of Congress afterward, it is highly likely that they will demand significant amendments to the bill.