U.S. Senate to Vote on CLARITY Act on September 15

The CLARITY Act (H.R. 3633) is set for a procedural cloture vote in the U.S. Senate on September 15, requiring 60 votes to proceed. SEC Chair Paul Atkins expressed optimism for its passage, though the bill faces hurdles regarding ethics clauses, stablecoin yield restrictions, and its expanded scope. Even if the legislation stalls, the SEC has independently introduced the 'Regulation Crypto Assets' framework to establish clear guidelines. If passed, the bill would classify decentralized assets as digital commodities under CFTC oversight and provide grandfath