According to CoinMeta, as reported by Cointelegraph, there are only 36 days left in the session of the U.S. Senate after its recess to push forward the legislation of the Digital Assets Market Clarity Act (Clarity Act). The Senate is expected to conduct a procedural vote on this bill after resuming sessions on September 14th, but it also needs to accommodate the recess arrangements before the mid-term elections in November by the end of the year. This bill includes ethical regulations related to U.S. President Trump's digital assets and restrictions on stablecoin incentive programs. If Congress fails to pass the legislation, the chairpersons SEC and CFTC will introduce their own digital asset rules.