business ποΈ Senate pushes crypto bill vote past August recess
The U.S. Senate has postponed a vote on the Clarity Act, a major crypto market structure bill. Senate Majority Leader John Thune confirmed this procedural delay for the bill until September. The recess starts on Friday, with lawmakers returning in mid-September to push for the legislation. Democrats were reportedly hesitant due to potential political impacts before the midterm elections. The bill still needs 60 votes to pass the Senate before heading to the House. π§