# Gallego Warns Against Rushing CLARITY Act Vote The senator said voting before resolving ethics and stablecoin yield issues could delay the legislation. - **Source:** [Cointelegraph.com News](https://brifing.si/source/2e81e982-0137-4db0-8ac2-351f37085775) - **Published:** 2026-08-20 - **Original article:** - **On Brifing:** https://brifing.si/s/d122fd37-bb96-4e59-8767-9169ea4806a0 ## Warning against hasty approach to CLARITY Act Democratic Senator Ruben Gallego warned that voting on the CLARITY Act before resolving disputes over ethics rules and stablecoin yields could delay US crypto market regulation. Speaking at the SALT Wyoming Blockchain Symposium, he emphasized that the crypto industry should pressure for continued negotiations rather than an immediate vote. ## Unfinished processes in the bill Gallego stated that the Agriculture Committee portion of the bill remains unaddressed, the broader package needs assembly, and the method of sending it to the House must be determined. These comments complicate the Trump administration's push for quick passage while showing the bipartisan coalition needed to reach the Senate's 60-vote threshold hasn't yet formed. ## Delayed responses from the White House Senator Gallego revealed they submitted compromise language to the White House with Republican Senator Thom Tillis before congressional recess but received no point-by-point response. He stressed the need for strong ethics restrictions to maintain Democratic support, saying, 'We've sent offers repeatedly, getting either blank responses or even more regressive positions.' ## Trump's call to crypto industry Gallego's remarks followed increased administration pressure. On Wednesday, Trump urged Congress to pass a 'fair version' of the CLARITY Act during a White House meeting with crypto executives. Senate leaders had already announced delaying the vote until September. ## Critical vote postponed to September Senate Majority Leader John Thune confirmed to Cointelegraph on August 7 that the vote was postponed and the bill would be addressed 'first thing' when lawmakers return from recess. White House crypto adviser Patrick Witt said they'd negotiate with Democrats until the September vote but 'can't wait forever.' ## Opportunity for Asian financial hubs Delays in the CLARITY Act give Asian financial centers like Hong Kong and Singapore an opportunity to lead in crypto regulation. First Digital's CEO noted the postponement could help these hubs gain global crypto leadership. Experts warn the US might lose its competitive edge due to regulatory uncertainties. ## Crypto industry expectations Sector representatives expect the CLARITY Act to clarify the legal status of crypto assets in the US and ensure market stability. Clear regulations on stablecoins and exchange oversight are particularly crucial for global investors. However, ethics disputes risk narrowing the bill's scope. ## Importance of legislative process Gallego's warnings show how hasty decisions in complex financial regulations can cause long-term issues. A balanced, transparent legal framework is needed for healthy crypto market growth. Experts agree comprehensive legislation developed through bipartisan cooperation would yield the best results for both the industry and consumers. ## Sources covering this story - https://cointelegraph.com/news/ruben-gallego-rushed-clarity-act-senate-vote?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._