Bill Progress Enters Countdown
According to Crypto in America, the U.S. Senate has entered a recess period and will reconvene on July 13. The next two weeks represent a make-or-break window for the CLARITY Act — bipartisan staff, government officials, and industry stakeholders are accelerating behind-the-scenes coordination to resolve remaining differences before the session resumes.
The 60-Vote Threshold and Bipartisan Dynamics
The CLARITY Act requires at least 60 votes in the Senate to pass. Republicans currently hold 53 seats, meaning even if every Republican votes yes, at least 7 Democratic senators must join. Effectively, the bill's fate rests with the Democratic caucus, whose support likely depends on whether the White House can establish a robust ethical framework concerning Trump's crypto business. According to Reuters, since Trump returned to the White House, his personal crypto ventures have generated over $2 billion in new wealth, making this a unavoidable and sensitive issue in negotiations.
Strong Opposition from Law Enforcement
Meanwhile, major U.S. law enforcement agencies (e.g., FBI, DEA) remain firmly opposed to the inclusion of the Blockchain Regulatory Certainty Act provisions. Enforcement bodies argue that the provisions would significantly increase the difficulty of investigating and prosecuting on-chain crimes, potentially providing cover for money laundering, terrorist financing, and other illicit activities. This stance adds an extra layer of resistance at the Senate Judiciary Committee level.
Remaining Technical Disagreements
Beyond political games, text discrepancies between the Banking Committee and the Agriculture Committee have yet to be reconciled. Issues pending in the Agriculture Committee text include: federal preemption of state laws, exchange conflict-of-interest management, and restrictions on affiliate transactions. Resolving these technical details requires time, and achieving comprehensive consensus within the two-week window is far from guaranteed.
Outlook Remains Uncertain
Sources told media that no final agreement has been reached. Whether the CLARITY Act can undergo a full Senate vote before the August summer recess remains highly uncertain. The outcomes of behind-the-scenes efforts over the next two weeks will directly determine whether U.S. crypto regulatory framework achieves a historic breakthrough.