Coinbase CEO Brian Armstrong has stated that the stalled Digital Asset Market Clarity Act would open the door for massive investment by large financial institutions, a claim shared on social media as the bill sits on the Senate calendar without a scheduled vote. The measure, which passed the House in 2025 and cleared the Senate Banking Committee in May 2026, missed an informal White House signing target on July 4 and now faces a tight window before the August recess. Three unresolved disputes—over ethics rules for officials’ crypto holdings, immunity for non-custodial software developers, and stablecoin yield regulation—block the seven to nine Democratic votes needed to overcome a filibuster. With only weeks before campaign season, analysts say failure to advance by August could end the bill’s path entirely.