โ๏ธ CLARITY Act Hits Senate Wall โ Crypto's Key Bill Delayed Past Aug 7 Recess
Senate Majority Leader John Thune confirmed the CLARITY Act won't reach the Senate floor before the August 7 summer recess โ a blow analysts at Marex called the removal of 'the market's one crypto-specific support.' On the bright side, the SEC and CFTC jointly named BTC, ETH, SOL, XRP, and LINK as digital commodities in a new five-category taxonomy framework. Full GENIUS Act stablecoin rules aren't expected until January 2027. Not financial advice. Does the regulatory delay change how you're positioning in crypto?