$MIRO
Sudden SpikeSnapshot Window: 2026-07-16 07:40 UTC · ← Back to Crypto Overview
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BREAKING: Sen. Lummis says that they have been working on the CLARITY ACT every day for 10 months. "We will introduce BILL TEXT in the next few days. It’s time to land this plane." [Spoken audio]: Well, it's taken us virtually every day for the last ten months to get this bill in the condition it's in today and we're ready so we will be introducing in the next few days. We're going to be in session now for four straight weeks. It's very important that we get this bill across the finish line before the August recess begins so we can make the markets aware of the stability that will be provided to them if they remain onshore in the United States to do business. This is a pivotal time for the industry and we want to meet their needs. We also want to meet the needs of law enforcement with regard to preventing illicit finance and provide consumer protections. We think we've accomplished that goal with this bill. It's been arduous, but we're ready for prime time. Absolutely. So is it fair to say this bill will be back on, it will be on the Senate floor the week of July 20th? Well I expect it'll be that week, but considering the important things that we have to deal with in these four weeks, Senator Thune will make the final decision about which week to bring clarity to the floor. We're voting today on the motion to proceed to the National Defense Authorization Act. And as you know, we've got issues with Save America to deal with and other things as well. But Senator Thune is well aware of the importance this bill provides for market stability for digital assets. So I think he'll schedule it this four-week period.