Senate Finally Sets a Date for the Crypto Bill That Could Reshape US Markets
TLDR
- Senate Majority Leader John Thune filed cloture on the CLARITY Act, setting a Sept. 15 procedural vote
- Invoking cloture requires 60 votes, meaning Republicans need at least seven Democrats to cross over
- Sticking points remain: ethics rules, illicit finance provisions, and Senate Agriculture Committee text
- A proposed ethics compromise would require President Trump to divest from crypto-related businesses
- Galaxy Research cut odds of the bill passing in 2026 from 50% to 30% last month
Senate Majority Leader John Thune filed cloture on the Digital Asset Market Clarity Act in the early hours of Saturday, setting up a procedural vote for September 15. The filing came at 4:52 a.m. ET, at the end of an overnight session that ran past the Senate’s scheduled Friday departure.
Senate Majority Leader Thune Files Cloture on Clarity Act, Setting Up September Vote
Senate Majority Leader John Thune filed a cloture motion on the Clarity Act, setting up a procedural vote on Sept. 15 after lawmakers return from the August recess. The vote would advance the… pic.twitter.com/dNNRSf9hLg
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