Senate urged to pass CLARITY Act before August recess

Lawmakers and industry groups urged Senate leaders to schedule a floor vote on the Digital Asset Market Clarity Act, H.R. 3633, before the chamber’s planned August recess. The Senate is out until July 13; when it returns there will be eight legislative business days before the August break to consider the bill alongside defense and spending measures.

The bill cleared the Senate Banking Committee in June by a 15-9 vote. Supporters say the measure defines agency oversight roles, creates registration pathways for crypto firms, and sets consumer protection and compliance standards for digital asset markets.

On July 1 Stand With Crypto urged supporters on social media to contact senators, writing: “The Senate is in recess. The clock on Clarity is running.” More than 200 organizations, including Coinbase, Ripple, Kraken, Circle, Binance.US, Uniswap Labs, Paradigm and Andreessen Horowitz, have asked Senate leaders to bring the bill to the floor.

Mason Lynaugh, policy director at Stand With Crypto, warned: “There’s a limited window to get this done, with few remaining days left in the current Congress before the midterm elections. If Senate leaders don’t schedule a CLARITY Act vote in the coming weeks, an enormous amount of bipartisan work, compromise, and progress, could be wasted.” Ripple has deployed a branded CLARITY truck near Capitol Hill to raise visibility for the push.

Stand With Crypto cited polling it conducted showing nearly three-quarters of crypto owners in Senate battleground states are more likely to support candidates who favor clearer cryptocurrency rules. The group reported more than one-third of respondents use digital assets for personal transfers and 21% use them for monthly expenses.

Analysts say the bill still faces procedural hurdles. Galaxy Research lowered its probability of passage in 2026 to 50-50 from 60%, citing the absence of a scheduled floor vote, no motion to proceed and no unified text reconciled between relevant Senate committees. Senate leaders must file the necessary motions and clear time on a packed calendar to move H.R. 3633.

Supporters said failure to secure a floor vote this month could require renewed work in the next Congress and leave federal digital asset rules unresolved.