According to CoinMeta and 99bitcoins, the Clarity Act (Digital Assets Market Clarification Act) is at risk of not passing in the U.S. Senate, and it is expected that it will be difficult to obtain 60 votes in favor before the August recess. The purpose of this act is to provide clear regulation for digital commodity spot exchanges, brokers, and traders. However, Democrats have not yet reached an agreement on issues such as ethical rules, illegal financing provisions, and restrictions on stablecoin earnings. The price of Bitcoin has been affected by this uncertainty, and it is currently trading near $63,500, which is less than 50% of its historical high of $126,200 in October 2025.