BlockBeats News, July 13th, after the resumption of the U.S. Congress, the Clarity Act (Cryptocurrency Market Structure Act) entered a key legislative window. Industry insiders believe that the next four weeks will determine whether the bill can complete Senate review before the August recess and be formally passed this year.

Reports indicate that the Senate is expected to release the latest version of the bill this week, combining the Banking Committee and Agriculture Committee versions. Currently, the bill still faces two major core disputes: the final wording of the Blockchain Regulatory Certainty Act regarding the regulatory responsibility of non-custodial software developers; and ethics provisions related to government officials' conflicts of interest, especially those related to Trump's cryptocurrency business. Sources say that the White House and Congress have not yet reached an agreement on the ethics provisions, which is seen as a key factor in the bill's quest for the 60-vote threshold.

Alex Thorn, Research Director at Galaxy Digital, stated that the next four weeks may be the Clarity Act's final opportunity to pass in this Congress; if the bill fails to materialize, the United States may fall further behind in digital asset innovation competition with overseas markets.