CLARITY Act is finally headed for a 60-vote Senate showdown in September
Senate Majority Leader John Thune has set up an early September floor test for the CLARITY Act by filing cloture on the motion to proceed to the bill before the summer recess. The move does not ensure debate or passage, but it gives the stalled crypto market-structure bill a formal path forward when the Senate returns Sept. 14. To advance, the motion will need 60 votes, so Republican supporters still need Democratic backing. The main unresolved issues are stablecoin rewards, anti-illicit-finance safeguards, and ethics restrictions tied to crypto businesses, especially concerns about President Donald Trump’s digital-asset interests. The bill would create a federal framework for digital assets and divide oversight between the SEC and CFTC. Senate committee support has not yet translated into enough floor votes, making September a decisive test of whether a bipartisan coalition exists.
