{"id":210173,"date":"2026-08-07T15:01:20","date_gmt":"2026-08-07T15:01:20","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=210173"},"modified":"2026-08-07T15:01:20","modified_gmt":"2026-08-07T15:01:20","slug":"crucial-vote-on-crypto-clarity-act-delayed-until-september-trump-says-more-people-are-paying-in-bitcoin-reports","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=210173","title":{"rendered":"Crucial Vote On Crypto Clarity Act Delayed Until September, Trump Says More People Are Paying in Bitcoin: Reports"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Crucial Vote On Crypto Clarity Act Delayed Until September, Trump Says More People Are Paying in Bitcoin: Reports<\/a><\/p>\n

<\/div>\n

A vote on the long-awaited Clarity Act will be delayed until September as lawmakers go on recess today.\u00a0<\/p>\n

As first reported<\/a> by POLITICO<\/em>, citing comments from Majority Leader John Thune, the vote on the landmark bill will now have to wait until lawmakers return from August recess.\u00a0<\/p>\n

Bipartisan work has gone into the Clarity Act, which was passed by the House of Representatives last year, but some Republicans have accused Democrats of stalling the bill.\u00a0<\/p>\n

\n

BREAKING: President Donald Trump says \u201cI see it more and more where people are paying with Bitcoin, they don\u2019t even know about cash anymore.\u201d <\/p>\n

\u201cCrypto\u2019s a big deal.\u201d pic.twitter.com\/Y7ZFifz6zL<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) August 7, 2026<\/a>\n<\/p><\/div>\n

\u201cThe Dems insisted on no Clarity vote,\u201d Thune was quoted telling reporters Thursday evening. \u201cWe\u2019re getting that queued up first thing [when] we come back in September.\u201d<\/p>\n

The Clarity Act started small but its text was beefed up over the past year \u2014 mainly because of Democrats, according to some lawmakers like Senator Cynthia Lummis.\u00a0<\/p>\n

While stuck in a deadlock for a lot of 2026 due to banking lobby chiefs locking horns with crypto exchanges over concerns about stablecoin yield, Democrats also wanted more work on the ethics side of the bill.\u00a0<\/p>\n

President Donald Trump campaigned on a ticket to help the crypto space but some Washington lawmakers have criticized the way the Trump family has profited from digital asset ventures, such as the President\u2019s memecoin, $TRUMP, and World Liberty Financial project.\u00a0<\/p>\n

Trump and the White House have always denied any conflicts of interest.\u00a0<\/p>\n

Speaking<\/a> in an interview with Punchbowl News Friday about the Clarity Act and ethics, President Trump pointed out the Democrats have also made money from stock trading.\u00a0<\/p>\n

\u201cThey want a bill, and in the bill they want me to be different to everyone else,\u201d he said.\u00a0<\/p>\n

He added that getting the bill over the line was important because the U.S. should take the lead over China when it comes to crypto and AI.\u00a0<\/p>\n

He continued: \u201cYou see people paying with Bitcoin and they don\u2019t even know about cash anymore.\u201d<\/p>\n

The latest draft of the Clarity Act contains language \u2014 drafted by Democrats and Republicans \u2014 banning government officials from promoting or making money from crypto. It started circulating in July.\u00a0<\/p>\n

Still, Democrats like Senator Elizabeth Warren, who has from the beginning criticized the Clarity Act, have claimed<\/a> that new legislation will benefit the president and his family.\u00a0<\/p>\n

Major financial institutions \u2014 not just crypto companies \u2014 have backed the bill, including Goldman Sachs and Fidelity, as well as law enforcement groups.\u00a0<\/p>\n

This post Crucial Vote On Crypto Clarity Act Delayed Until September, Trump Says More People Are Paying in Bitcoin: Reports<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Crucial Vote On Crypto Clarity Act Delayed Until September, Trump Says More People Are Paying in Bitcoin: Reports A vote on the long-awaited Clarity Act will be delayed until September as lawmakers go on recess today.\u00a0 As first reported by POLITICO, citing comments from Majority Leader John Thune, the vote on the landmark […]<\/p>\n","protected":false},"author":0,"featured_media":210174,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-210173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/210173"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=210173"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/210173\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/210174"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=210173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=210173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=210173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}