DeFi regulation has been temporarily put on hold, waiting for the Agricultural Committee to align; if this bill passes, it will indeed be a milestone, but the details will determine success or failure.

The Senate Banking Committee advanced the CLARITY Act with a 15-9 vote. Although Gallego supported it, it will wait for a full Senate vote. The two-party amendments were agreed upon and passed, and in the end only Gallego and Alsobrooks voted in favor. The next step will be to align with the Agriculture Committee. Thune urged a full Senate debate, and it is expected that Senate and House coordination will be completed and the bill will be sent for signature before August. The ethical provisions are the core issue and remain undecided, and topics such as DeFi regulation may be discussed again. Overall, the move is viewed as an important milestone for the digital asset market.