The CLARITY Act has regained momentum after Senator Bill Hagerty outlined a revised Senate timeline that points to floor action after lawmakers return from the July recess.
- Bill Hagerty said the Senate could release the final CLARITY Act text this weekend before a post-recess vote.
- Bloomberg Intelligence now estimates the bill has about a 60% chance of passing this month.
- NOBLE backed the legislation, while the DOJ disputed claims that it would weaken crypto crime enforcement.
According to reports citing Senator Bill Hagerty, the U.S. Senate is expected to publish the final text of the CLARITY Act this weekend, giving lawmakers and the digital asset industry their clearest look yet at the legislation before debate resumes.
The updated schedule has replaced earlier expectations of a July 4 signing, with Hagerty indicating that a Senate vote is more likely after Congress reconvenes on July 13.
Although the timetable has slipped, political support for the bill has continued to grow. Bloomberg Intelligence recently estimated that the probability of the CLARITY Act passing this month has risen to about 60%, adding to optimism among crypto market participants awaiting a federal market structure framework.
Senate schedule now points to a post-recess vote
Hagerty’s latest comments have shifted attention from an immediate vote to the legislative process expected later this month. Before the Senate can consider the measure, lawmakers are expected to review the final legislative text, which could clarify several provisions that have attracted debate in recent weeks.
Passing the bill will still require at least 60 votes in the Senate. Republicans currently hold 53 seats, meaning the legislation cannot advance without support from several Democrats. During committee consideration, Democratic Senators Angela Alsobrooks and Ruben Gallego voted in favor of the bill, although both later said their committee votes should not be interpreted as commitments to support the legislation on the Senate floor.
Time also remains a factor. As previously reported by crypto.news, the Senate has limited floor time before its August recess, making the period after lawmakers return on July 13 particularly important. If the bill fails to advance during that window, its next realistic opportunity could slip into 2027.
Support from NOBLE strengthens the bill’s position
Alongside the revised timeline, the legislation has gained support from new constituencies. Senator Tim Scott recently argued that businesses innovate more effectively when operating under predictable regulatory rules.Â
Scott said the CLARITY Act would establish clear standards for digital assets, improve consumer protections, and help keep financial innovation in the U.S.
Another notable endorsement came from the National Organization of Black Law Enforcement Executives (NOBLE), which became the first major law enforcement organization to publicly back the CLARITY Act, including the Blockchain Regulatory Certainty Act provisions contained in Section 604.
NOBLE’s position differs from concerns previously raised by four U.S. law enforcement organizations, which argued that Section 604 could make investigations into crypto-related financial crime more difficult by preventing certain non-custodial developers and software providers from automatically being treated as money transmitters. Supporters of the provision have maintained that developers who never control customer assets should not be regulated like financial intermediaries.
The debate expanded after the U.S. Department of Justice disputed claims that the legislation would create major enforcement gaps. As previously reported by crypto.news, the DOJ said criticism of the bill’s law enforcement provisions was inaccurate.
In its endorsement letter, NOBLE similarly argued that the legislation would not weaken existing federal criminal authorities covering money laundering, unlicensed money transmission, sanctions violations, conspiracy, and related offenses.
Industry groups have also continued lobbying lawmakers ahead of the Senate’s return. Stand With Crypto recently urged supporters to contact senators and push for a vote once Congress reconvenes.
The organization argued that prolonged delays could encourage crypto companies, investment, and jobs to move outside the U.S. while the country waits for clearer digital asset regulations.
