CLARITY Act faces four-day Senate deadline

• The US Senate has four scheduled session days to advance the CLARITY Act before its August recess begins.
• The White House is reviewing an ethics compromise that remains one of the bill’s final unresolved issues.
• Supporters may need 60 Senate votes, while Galaxy Research puts its 2026 passage probability at 30%.

The US Senate has four session days to advance the CLARITY Act before its recess begins on August 10.

The White House is reviewing an ethics proposal from Senators Thom Tillis and Ruben Gallego as negotiations continue.

The updated 616-page bill covers crypto exchanges, brokers, custodians, decentralised finance, stablecoin yield, cybersecurity and self-custody.

Supporters may need 60 votes to overcome procedural opposition, while Galaxy Research estimates a 30% chance of passage in 2026.

The Senate Banking Committee previously advanced the legislation in a 15-9 bipartisan vote before potential consideration by the full Senate.

The remaining ethics dispute covers digital asset transactions involving federal officials, reporting requirements and other restrictions.