‘Disappointing’ — crypto advocates react to delay in CLARITY vote
Following a procedural delay in the US Senate, lawmakers are expected to address a major crypto market structure bill after they return from a month-long recess, which met with industry criticism.
The US Senate's procedural delay has prompted crypto advocates to react negatively to the setback in the CLARITY vote. The Digital Asset Market Clarity (CLARITY) Act, initially passed by the House of Representatives, is now set for a cloture vote in September after lawmakers returned from a month-long recess. Major industry players such as Coinbase CEO Brian Armstrong and Bitmine chair Tom Lee expressed disappointment with the Senate's inaction, but insisted that September would be the time to "finish the job."
Critics argue that the 50-day window before the 2026 midterm elections reduces the chances of the bill passing.
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