Clarity Act Lobbying Hits 1M Contacts as Senate Recess Looms

Stand With Crypto reports 1 million congressional contacts for the Clarity Act with 7 days left before recess. Galaxy Research cuts passage odds to 30%.

Woofun AI reports that Stand With Crypto announced supporters have contacted Congress one million times regarding the Clarity Act, with seven days remaining before the Senate recesses on August 7. The organization urges continued advocacy while lawmakers are in session. Institutional entities including BlackRock and Fidelity have publicly backed the legislation.

However, Galaxy Research reduced the probability of the bill passing in 2026 from 50% to 30%, citing unresolved disputes and scheduling constraints. New York Attorney General Letitia James warned on July 27 that the act could limit state enforcement against fraudulent platforms.