Optimism is spreading in the cryptocurrency market regarding the early Senate processing of the CLARITY Act, but Efe Bulduk, a Turkish cryptocurrency analyst with 450,000 followers on X, predicted via X that the actual processing is likely to be delayed until after mid-August. He explained, "The U.S. Senate has entered an official two-week recess from June 29 to July 10, during which all legislative activities and voting in Washington are completely suspended. This means that voting is impossible before July 13, when the Senate reconvenes." He added, "Currently, the Senate Agriculture Committee and the Senate Banking Committee are continuing discussions to unify different draft bills. Even if a final Senate bill emerges, if it differs from the bill previously passed by the House Agriculture Committee, a new committee must be formed to finalize the merger. Overall, the CLARITY Act is highly likely to be delayed until after the next recess, scheduled from August 10 to September 11."
