The U.S. Senate Banking Committee temporarily canceled the deliberation meeting for the CLARITY Act draft, and the subsequent schedule has not been clarified. Behind this change is the clear opposition from the CEO of a certain compliance platform, which has received support from multiple industry institutions. From this incident, it can be seen that the platform indeed has significant influence in Congress's cryptocurrency legislation. In the short term, the market may face a wave of adjustment pressure. After all, the recent strong performance of Bitcoin has largely been driven by market expectations for the advancement of the CLARITY Act. Once policy expectations fade, this enthusiasm is likely to cool down. Further attention is needed on the new developments of the Senate Committee.