Senate Faces Four-Week Window to Advance the Clarity Act Before August Recess

U.S. Senate negotiations are entering an approximately four-week window after lawmakers return, as backers seek to determine whether the Clarity Act can pass this year. According to Odaily, the bill must complete a merged version of the text, undergo Senate debate and a vote, and secure at least 60 votes before the August recess. Negotiators are focusing on whether to keep an exemption for non-custodial developers included in the Blockchain Regulatory Certainty Act. Talks are also addressing an ethics framework for officials related to conflicts of interest tied to U.S. President Donald Trump’s crypto business interests. The report said the death of Senator Lindsey Graham and the absence of Mitch McConnell have reduced Republican vote strength, increasing the importance of securing support from Democratic senators.