The U.S. Senate is nearing its summer break, with limited time remaining to advance the Digital Asset Market Clarity Act. As of July 31, no motion to proceed had been filed for the bill. Senators Ruben Gallego and Thom Tillis submitted a revised ethics provision to the White House on Thursday, but the White House had not officially responded by Friday afternoon. Industry sources indicate that ethics remains the primary unresolved issue preventing the bill's progress. The crypto industry is pushing for a procedural vote this week, hoping to set the stage for the bill's passage when the Senate reconvenes in September. A recent report from the Crypto Council for Innovation highlighted that 80% of crypto developers and 88% of market share operate outside the U.S., underscoring the urgency for regulatory clarity.