BlockBeats News, August 6th. The US Senate will adjourn on August 7th, and the window for the CLARITY Act to pass before that is extremely limited. If the vote is not completed this week, the next feasible window will be delayed until September. If missed again, it may be postponed until after the midterm elections, not until 2027. The current main point of contention in the bill is that the Democratic Party insists on including an ethical provision for senior government officials in the crypto industry, but the merged draft has not yet incorporated the relevant wording.

During this regulatory vacuum period, large institutions such as Coinbase and Circle are better able to adapt to the uncertain environment due to their capital strength. ARK Invest increased its holdings in the two companies this week, and Circle also obtained a federal banking charter in July. On the other hand, small and medium-sized crypto companies and DeFi projects continue to be under pressure. In the market, Polymarket data shows that the probability of the CLARITY Act passing in 2026 has dropped to 23%, a significant decrease from Galaxy Research's prediction of 67%-75% in mid-May. (Cryptopolitan)