CLARITY Act Fails to Enter Senate Schedule on August 5, Odds of 2026 Enactment Drop to 16%

According to crypto journalist Eleanor Terrett, the Cryptocurrency Market Structure Act (CLARITY Act) did not appear on Senate Majority Leader John Thune's legislative agenda today (August 5). The bill had previously passed the Senate Banking Committee but remains stalled over disagreements regarding enforcement authority for a provision banning federal officials from issuing digital assets—whether the Department of Justice or state attorneys general should hold primary enforcement power. On prediction market Predict.fun, the odds of CLARITY becoming law in 2026 have fallen to 16% as the Senate enters its August recess.
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