According to CoinMeta, as reported by Coinspectator, the U.S. Congress has adjourned without voting on the Clarity bill, facing a tight timeline before the mid-term elections. Although there was hope that the bill would pass in the spring, there is now a risk of it being put on hold. The blockchain and crypto industries had hoped that the government would provide proper regulation and a legal framework, and the cooperation between the current administration and the Fairshake super political action committee was expected to bring favorable regulations. However, with the departure of the former chairman of SEC, Gensler, the attitude of SEC seems to have become more reasonable, and they have even begun to formulate rules regarding token financing.