CLARITY Act News: Crypto Rules in Regulatory Limbo

In CLARITY Act news today, the Digital Asset Market Clarity Act remains a bill, not a law. Although the House passed it 294-134 in July 2025, the Senate had not held a floor vote or filed a cloture motion before setting the measure aside ahead of the August recess.

The Senate left Washington without voting on the crypto market-structure bill, narrowing the time available for action before the midterm elections.

Senate Majority Leader John Thune said the measure would go to the floor in September. Lawmakers are due back for a brief, roughly three-week session before leaving to campaign, leaving the bill to compete with other legislative priorities. The Senate’s next steps will show whether negotiators can resolve the dispute that has held up the legislation.

Now, prediction markets such as Kalshi are pricing in an 8% chance of the bill passing in September, down from 10% just yesterday. 54% of the $6.7M in volume in this market believe the bill will be passed by July 1, 2027.

(SOURCE: Kalshi)

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