According to Crypto in America, during the U.S. Senate's recess until July 13, bipartisan staff, the White House, and industry representatives will continue to coordinate on the remaining differences regarding the Clarity Act, including integrating the versions from the Senate Banking Committee and the Agriculture Committee, ethical clauses, and anti-money laundering issues. If an agreement is reached smoothly, the bill could be submitted for a full Senate vote as early as late July to early August; the market generally believes that if it is not passed before the August congressional recess, the likelihood of the bill becoming law this year will significantly decrease.