The US Senate has yet to schedule a vote on the <i>Clarity Act</i> amid pushback over ethical provisions.

BlockBeats News, July 20th: The advancement of the US cryptocurrency market regulation bill "Clarity Act" has hit a deadlock. Due to the White House's failure to reach consensus on ethical restriction clauses, the Senate has not yet set a voting date, and the industry is still awaiting the updated text of the bill.

Currently, there are only 14 working days left until the August recess of the US senators, but the "Clarity Act" has not been prepared for Senate voting. Discussions surrounding conflicts of interest involving government officials holding or benefiting from digital assets have become a major obstacle to the bill's progress.

Last Thursday, US President Trump met in the Oval Office with White House Chief of Staff Susie Wiles, White House Counsel David Warrington, Crypto Commission Executive Director Patrick Witt, Acting Attorney General Todd Blanche, and Republican Senators Cynthia Lummis and Bernie Moreno to discuss relevant ethical terms.

Sources said that as of now, the White House has not explicitly supported any ethical restriction proposals, which could further delay the release of the new version of the bill by Republicans.

In the industry, the market is still focused on whether the new version of the "Clarity Act" will retain content related to the "Blockchain Regulatory Certainty Act" (BRCA), and whether provisions related to vertical integration of crypto exchanges, related-party transactions, and state law preemption in the Senate Agriculture Committee section will be adjusted.

Blockchain Association CEO Summer Mersinger stated that she expects the BRCA provisions to remain unchanged, and there may not be significant modifications to the Banking Committee section. The current negotiations are mainly focused on technical adjustments to the Agriculture Committee's related text.

Meanwhile, the National Sheriffs' Association of the United States recently publicly opposed the "Clarity Act," stating that cryptocurrency has become a tool used by criminal groups and believing that the bill could increase law enforcement difficulties. This viewpoint may influence the key votes of Democratic Senators Catherine Cortez Masto and Mark Warner.