Clarity Act Blocked by Ethics Clauses, Senate Vote Date Unclear Amid 14-Day Deadline

According to BlockBeats, on July 20, the U.S. Clarity Act faced delays due to unresolved ethics clauses, with Senate vote timing uncertain and only 14 working days remaining until the August recess. The White House has not reached consensus on ethics restrictions limiting government officials' crypto holdings and profits.

The legislative impasse centers on conflict-of-interest discussions. Industry participants await updated bill text and remain focused on whether the revised law will retain provisions from the Blockchain Regulatory Certainty Act (BRCA) and how the Senate Agriculture Committee's terms regarding crypto exchange vertical integration will be adjusted.