CLARITY Act Has 4-Week Senate Window to Advance Before August Recess, Advocates Say

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According to Bitcoin.com News, crypto advocates led by Kristin Smith, president of the Solana Policy Institute, said this week that the CLARITY Act has a four-week window from July 13 to August 7 to secure Senate passage before the August recess. The Senate Banking Committee advanced the bill with a 15-9 vote and it now appears on the Senate Legislative Calendar as Calendar No. 423. Before reaching the president, the bill must secure 60 Senate votes and reconcile differences with the Senate Agriculture Committee over ethics and anti-money laundering provisions. Smith noted bipartisan support from Senators Cynthia Lummis (R-WY), Bernie Moreno (R-OH), Kirsten Gillibrand (D-NY), Ruben Gallego (D-AZ), and Angela Alsobrooks (D-MD).
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