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Odaily reports that the US Senate is attempting to advance the crypto market structure bill, the "Clarity Act," in July. However, with several priority agendas such as the National Defense Authorization Act, renewal of the Farm Bill, and a housing bill piling up, the window for the bill’s passage is narrowing. The Senate schedule will be tight in the coming weeks. Besides the annual defense bill and the Farm Bill, Trump stated on Wednesday that he would not support a major housing bill unless Congress first passes legislation requiring federal election voters to provide proof of citizenship. The housing bill also includes provisions to ban central bank digital currencies. Since lawmakers will leave Washington for the August recess, if the relevant bills are not advanced before then, political focus after their return will shift to the November elections, leaving even less time for crypto legislation on the floor. Republican Senator Cynthia Lummis stated that an updated version of the text is expected to be released around July 4th for final review by lawmakers, with a vote slated for July. A Senate aide also mentioned that the "Clarity Act" will become one of the bipartisan priorities after the Senate reconvenes in July. However, the bill still faces several uncertainties, including the level of support from Democrats, controversies surrounding Trump's crypto-related conflicts of interest, the prioritization of other major bills, and the Senate’s limited agenda.

Starknet topped Santiment's latest Layer 2 development activity ranking, followed by Aztec, Optimism, zkSync, and Arbitrum. (Cointelegraph)

According to the agreement, the company will be authorized to operate its processing facility at the Tooele Army Depot in Utah. This collaboration marks a key strategic partnership between Realloys and the defense sector, opening up an important new channel for the company's business expansion. Operating at the Tooele Army Depot not only enhances the company's production capacity and supply chain resilience, but also signifies that its technology and services have been recognized by national security projects. This partnership is expected to strengthen Realloys' market position in the field of specialty material processing and could provide the company with a long-term, stable source of income. Market analysts believe that such agreements with government and military agencies typically significantly boost the business visibility and credibility of related companies.