The 《Clarity Act》 enters its critical two-week period, with the fastest route being Senate submission for a vote as early as the end of July.

BlockBeats News, June 29 – According to Crypto in America, during the U.S. Senate recess until July 13, bipartisan staff, the White House, and industry representatives will continue to coordinate on the remaining differences of the Clarity Act, including the integration of versions from the Senate Banking Committee and the Agriculture Committee, ethics provisions, and anti-money laundering issues.

The report states that 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 cannot pass before the August congressional recess, the likelihood of the bill being enacted into law this year will significantly decrease.