The U.S. Senate plans to advance the crypto market structure bill, the "Clarity Act," in July, but its vote timing faces pressure due to legislative scheduling conflicts with the National Defense Authorization Act, the Farm Bill, and the Housing Bill. Senator Cynthia Lummis stated that the bill text will be released around Independence Day, with an aim to secure a Senate vote in July. However, negotiations still need to continue on issues such as ethics rules for government officials' crypto assets, anti-money laundering provisions, and safe harbor for non-custodial developers. Some believe that if no progress is made in the coming weeks, the vote could be postponed to the "lame-duck" session after the general election this year. (The Block)