Clarity Act was not signed into law on July 4th, making August 7th a key timeline.
2026-07-05 18:32
Odaily White House advisor Patrick Witt stated in May that he hoped the Clarity Act would be signed into law by July 4th, but the bill was not enacted on that timeline. According to CoinDesk, the biggest risk now actually comes from the House of Representatives. Recently, the U.S. House of Representatives has faced resistance in advancing multiple agendas, including important bills like the budget. The market is concerned that declining legislative efficiency may further slow down the progress of the CLARITY Act.
Additionally, the market believes that August 7th (the last working day before the Senate's summer recess) will become an important window for advancing the bill. (CoinDesk).
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