BlockBeats News, June 29th: According to Crypto in America, the U.S. Senate has recessed until July 13th. During this period, bipartisan staff, the White House, and industry representatives will continue to coordinate on remaining disagreements regarding the Clarity Act. This includes reconciling the versions from the Senate Banking Committee and the Agriculture Committee, as well as discussing ethics provisions and anti-money laundering issues.
The report states that if an agreement is reached smoothly, the bill could be submitted to the full Senate for a vote as early as late July to early August. It is widely believed in the market that if the bill fails to pass before the August congressional recess, the likelihood of its enactment this year will significantly decrease.
