Will the CLARITY Act Pass a Senate Floor Vote Before the August 2026 Recess?
286,290 Vol.in 9 days (Aug-04-2026 12:00:00 AM UTC)
DescriptionThe Digital Asset Market Clarity Act (CLARITY Act) passed the House 294–134 in July 2025 and cleared the Senate Banking Committee 15–9 on May 14, 2026. The bill formally divides crypto oversight between the SEC and CFTC, and classifies Bitcoin, Ethereum, Solana, and XRP as commodities. As of mid-June 2026, no Senate floor vote has been scheduled; the Senate requires 60 votes, needing ~7 Democrats beyond the 2 who crossed over in committee. Key sticking points include ethics/conflict-of-interest provisions and Section 604 DeFi developer protections. The Senate returns July 13 from its July 4 recess and has until ~August 3 before the summer recess begins.
- This event resolves YES if the CLARITY Act (or any substantially equivalent crypto market-structure bill combining SEC/CFTC jurisdictional division) receives a successful affirmative Senate floor vote on or before August 4, 2026 UTC.
- This event resolves NO if no such floor vote occurs, or if the vote fails, by the August 4, 2026 deadline.
- 1. Specificity: 'Floor vote' means a full Senate roll-call vote on final passage, not a cloture vote or procedural motion alone.
- 2. Exclusion: Committee votes, cloture/procedural votes, or House votes do NOT count. A failed cloture motion does not resolve YES.
- 3. Source Hierarchy: senate.gov (official roll-call records) priority. Congress.gov secondary. Reuters/AP/Bloomberg tertiary.
- 4. Timing: Vote must occur on or before August 4, 2026 UTC. Any vote after this date resolves NO.
- 5. Cancellation Rule: N/A — this is a legislative passage event.