The US Senate postpones the crypto law: what changes for the market

US crypto regulation will have to wait. The Senate confirmed it will not bring the Digital Asset Market Clarity Act to a vote before the August recess, after it was blocked by political differences and ethics provisions.

The points of conflict

The bill, which seeks to give regulatory clarity to the cryptocurrency market, hit two obstacles: discussions on ethics provisions related to crypto companies linked to Donald Trump and disagreements over the regulation of stablecoins.

What it means for the market

Without clear rules, crypto companies operate in uncertainty: exchanges, stablecoin issuers and institutional investors wait for a legal framework defining what is and is not a security. Industry leaders hope to resume the vote in mid-September, when the Senate returns from recess.

The key figure

September. The date when the crypto market will know whether regulatory clarity arrives or stays in limbo.