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Lummis says Senate may work through weekend to vote on CLARITY Act before August recess

AI Market Summary
Sen. Lummis signaled the Senate may stay through the weekend to vote on the CLARITY Act before the August recess, but floor time is not scheduled and the bill still needs 60 votes. Polymarket odds for 2026 passage have fallen sharply, highlighting rising legislative uncertainty. The news matters for U.S. crypto market structure expectations, potentially increasing near-term policy headline sensitivity across major crypto assets.
Impact level
● Medium
Affected assets
BTC/USDT+0.96%
AI Insight · BTC/USDTAI Insight
● Neutral
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Sen. Cynthia Lummis (@SenLummis) said she expects the Senate to take up a vote on the CLARITY Act before the August recess, telling Fox Business that lawmakers may stay in Washington past Friday and work into the weekend to finish it. A formal floor schedule has not yet been set. The market-structure legislation would need 60 votes to pass the chamber. Polymarket currently pegs the odds of passage in 2026 at 16%, down from highs above 80% earlier this year.
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