CLARITY Act Senate Vote Probability Drops 20% to 30% Ahead of Recess

Galaxy Research cuts enactment odds for the Digital Asset Market Clarity Act from 50% to 30% as the Senate faces a five-day deadline before August recess.

Woofun AI reports that the Digital Asset Market Clarity Act was absent from the U.S. Senate agenda on Monday, creating a tight five-day window before lawmakers enter recess in August and resume sessions on September 14. Although the House has approved the bill to define SEC and CFTC jurisdiction over cryptocurrencies, Senate Majority Leader John Thune intends to schedule a vote prior to the break. Industry entities including Grayscale, Stand With Crypto, Coinbase, and Strategy executive chairman Michael Saylor have urged immediate action, while former Defense Secretary Mark Esper cited national security implications. Conversely, New York Attorney General Letitia James warned that the legislation might undermine state-level fraud enforcement capabilities. Galaxy Research lowered the probability of the CLARITY Act being enacted by 2026 from 50% to 30%.