The deadline to get the crypto market structure bill done before senators scatter will likely be missed, says Majority Leader Thune, though it may get a start before then.
- U.S. Senate Majority Leader John Thune predicts that the crypto Clarity Act won’t find runway to pass by the time the Senate starts its long summer break.
- Missing the pre-recess deadline is a significant blow to the possibilities of 2026 passage, but Thune told reporters that he hopes to still get the floor process started before the summer break, which will see lawmakers focusing on the election campaigns of the midterm elections.
- White House crypto adviser Patrick Witt quickly pushed back, telling CoinDesk he still thinks the first week of August still has potential.
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Crypto Flows, Share and the Selective Rotation
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters :
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Senate Dems should accept the victory they won on Trump's crypto limits: White House
EU hits Russia with massive 21st sanctions package targeting $120B crypto network
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