Senate Defers CLARITY Act Vote Until After Summer Recess
The CLARITY Act vote is delayed until September as Saylor and Hougan say Bitcoin and crypto can progress without the bill.
Senate Majority Leader John Thune said the U.S. Senate will take up the CLARITY Act after its summer recess, postponing a vote that many had expected before the August break. The delay has renewed attention on the proposed market-structure legislation and on how the crypto industry could proceed without it.
Senate Vote Moves Beyond the Summer Recess
The Senate did not vote on the CLARITY Act before its summer break, according to CoinDesk reporting. Thune said the measure would be considered when senators return in September and described it as a priority for the Senate’s return.
The CLARITY measure in this policy discussion is associated with H.R. 3633 on Congress.gov. The delayed vote means the legislation has been postponed rather than passed or rejected.
Saylor Says Bitcoin Can Grow Without the Bill
Strategy founder Michael Saylor responded publicly to the delay, saying that Bitcoin can continue to grow without the CLARITY Act. His position distinguishes between the need for a U.S. regulatory framework for digital assets and Bitcoin’s ability to develop without the bill’s passage.
The response followed the Senate’s decision to defer consideration until after the recess. Saylor’s comments focused on the importance of clarity for the United States while maintaining that Bitcoin itself does not require the legislation to continue growing.
Hougan Sees a Path Forward Without CLARITY
Bitwise Chief Investment Officer Matt Hougan has also said the crypto industry can progress even if the CLARITY Act does not pass. He said that, if the bill stalled, he hoped prediction-market odds on Polymarket would fall into the teens, reducing uncertainty around the outcome.
Hougan said that such a move could cause the market to wobble briefly but could set up a rally in the fall. He also said the Securities and Exchange Commission could continue advancing crypto regulation even if the legislation remains stalled.
Network Activity Remains Part of the Discussion
Supplementary reporting described transactions below 0.01 BTC as accounting for nearly 80% of Bitcoin network activity. The figure has been cited as an indication of changing network usage while the U.S. policy debate continues.
The Senate’s return in September is the next stated point for consideration of the CLARITY Act. Until then, the delayed vote remains a central development for a crypto industry seeking clearer U.S. rules for digital assets.
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