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One Day Left as Senate Faces Final Push for CLARITY Act Crypto Vote

Importance Critical

The Senate faces a one-day window to advance the CLARITY Act before lawmakers leave Washington for recess. Supporters are seeking 60 votes for a procedural step as the legislation moves through a critical stage.

Stand With Crypto, a crypto advocacy group, urged supporters on Aug. 6, 2026, to contact their senators, saying, “This is it. One more day to get the CLARITY Act moving before recess.” Republicans hold 53 Senate seats, leaving supporters dependent on at least seven Democrats to reach the 60-vote threshold.

Senate Banking Committee Chairman Tim Scott (R-SC) appeared on Fox Business and called on Majority Leader John Thune to schedule a vote before recess. “This is something we should have the first vote on before we leave, without any question,” Scott said. He added that lawmakers had gained additional Republican support during discussions.

Sen. Cynthia Lummis (R-WY) has said the Senate will vote on the legislation before leaving Washington. The bill has become a central focus of digital asset policy discussions, though it faces political challenges tied to concerns over cryptocurrency gains connected to President Donald Trump.

Industry support for the CLARITY Act continues from major companies. Coinbase CEO Brian Armstrong has urged lawmakers to pass the bill, arguing that clear regulatory rules would strengthen the U.S. cryptocurrency industry. Michael Saylor and Strategy Inc., the largest corporate bitcoin treasury company, have also backed the legislation. Financial institutions including BlackRock, Fidelity, and Goldman Sachs have joined in support.

New York Attorney General Letitia James urged Congress to strengthen cryptocurrency regulation as the FBI reported more than $11 billion in crypto losses. The report adds pressure for action on the bill.

The Senate’s schedule will determine whether the CLARITY Act moves forward before recess, with supporters urging a vote in the final day.

Source: https://news.bitcoin.com/regulation-and-legal/one-day-left-as-senate-faces-final-push-for-clarity-act-crypto-vote/