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🚨 #CLARITYActStalled The CLARITY Act is facing delays, with Senate Majority Leader Thune suggesting it may not pass before the August recess. The biggest challenge appears to be political pressure around crypto-related ethics concerns. Critics argue the current rules may not go far enough, pointing to unclear ownership guidelines, limited enforcement, and an expiration date for the ethics provisions. The bill is now caught between three major battles: ⚖️ Democrats pushing for stronger ethics protections 🏦 Banks raising concerns over stablecoin yield rules 👀 Political conflict-of-interest concerns surrounding crypto gains Meanwhile, lawmakers like Gallego and Tillis continue working on a compromise, with recent drafts adding incentives for white-hat hacker disclosures. 📉 Prediction markets have reduced the odds of passage this year, adding uncertainty after crypto-related stocks previously rallied on CLARITY progress. The big question: how much of that optimism gets priced back out if delays continue? #EarningsRealityCheck #CLARITYActStalled #USIranStrikePause