- Senate Majority Leader John Thune filed a procedural motion to move the Clarity Act forward.
- A Senate vote on the motion is scheduled for September 15.
- The bill still faces disagreements over ethics, illicit finance rules, and regulatory details.
The Clarity Act has moved closer to a Senate vote after Majority Leader John Thune filed a procedural motion to begin debate when lawmakers return from their August recess.
The Senate is scheduled to vote on the motion to proceed on September 15. However, the vote would only advance the process and would not immediately pass the crypto market structure bill.
The motion requires 60 votes, meaning Republicans would need support from at least seven Democrats or independents if all Republicans back the measure.
Several issues remain unresolved, including ethics provisions, illicit finance concerns, and how parts of the Senate Agriculture Committee’s language will be incorporated into the final legislation.
Some lawmakers have also raised concerns about crypto-related conflicts of interest involving public officials, while others want additional protections around financial stability.
Crypto industry groups welcomed the procedural move, calling it an important step toward establishing clearer federal rules for digital assets.
Galaxy Research previously lowered its estimate of the bill passing in 2026 to 30%, citing limited time before the election cycle and ongoing political disagreements.
