The United States Senate failed to move forward on the Clarity bill, and industry leaders expressed dissatisfaction

As the United States Senate failed to move forward on the Clarity bill before the August recess, industry leaders expressed disappointment at the delay. The Senate majority leader, John Tun, filed a procedural motion before the recess, and a preliminary procedural test is scheduled after the resumption of the meeting on 14 September. The bill required at least 60 votes to pass and the Republicans could not reach that figure without the support of the Democratic Party. Chief Executive Officer Brian Armstrong stated that, while progress in Congress had been disappointing, wider encryption would continue. The forecast market indicated that traders expected the Senate to vote in September but were sceptical about the possibility of the bill becoming law by 2026。