The U.S. Senate's review of the Crypto Market Structure Act, known as the CLARITY Act, may be postponed until July due to internal disagreements within the Republican Party over a border security bill. This delay comes as the Senate adjourns for Memorial Day without advancing the agenda, necessitating renewed efforts to secure a vote when Congress reconvenes in early June. The Senate's packed schedule, which includes housing legislation, the farm bill, and the June 12 FISA bill deadline, further complicates the timeline for the CLARITY Act. As a result, the likelihood of the bill's final passage before the August recess is reduced. Meanwhile, staff from the Senate Agriculture and Banking Committees are working behind the scenes to consolidate the bill's language, with technical drafting expected to continue during the recess.