THE CLARITY ACT IS NOT ON THE UNITED STATES SENATE AGENDA TODAY, AND THE PROBABILITY OF SIGNING INTO LAW FALLS TO 16 PER CENT IN THE YEAR
On 5 August, an encrypted journalist, Eleanor Terrett, disclosed that John Tun, the leader of the United States Senate majority, had formally filed a motion to initiate debate on other bills today, that the Encrypted Monetary Market Structure Bill (CLARITY Bill) was not included, that the motion to initiate debate was a key procedural step for the Senate to move the legislative process forward, and that John Tunan had chosen to give priority to other bills at that time, showing that the core differences of the CLARITY bill, in particular the attribution of enforcement of ethical provisions, had not been bridged. The United States Senate is about to enter its August recess, and the legislative window for the Clarity Bill is rapidly narrowing. The bill had previously been passed by the Senate Banking Commission, but there was a continuing standoff between the Democratic and Republican parties around ethical provisions prohibiting the distribution of digital assets by federal officials — whether the Ministry of Justice or the State Attorney-General as the chief law enforcement agency. Senator Alsobrooks of Maryland State has made it clear that she will not support the bill if it is limited to the Ministry of Justice and not reserved for the cantons. This time, John Tun gave priority to the agenda to other bills, further reinforcing the market's judgement that the CLARITY bill would be difficult to complete before the recess. In Predict.fun, the CLARITY Bill will fall to 16 per cent of the probability of signing into law in 2026。
