Trump Urges Senate to Pass Crypto Clarity Act Before August Recess Amid Stalled Negotiations

President Trump urged the Senate this week to pass the Crypto Clarity Act before the August recess, according to his Truth Social posts. The House approved the bill in July 2025, but it has stalled in the Senate over disagreements on stablecoin yield restrictions and congressional disclosure requirements. The legislation needs seven Democratic votes to advance. Treasury Secretary Scott Bessent has called for a comprehensive federal crypto framework, while global regulators in the UK and elsewhere move ahead with their own regimes. Policy analysts warn that missing the current legislative window could further delay legal certainty for decentralized finance and digital assets.
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