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Crypto

U.S. Clarity Act may be last real chance this year; failure could push it to 2030

The U.S. Senate is moving to take up the Clarity Act, a cryptocurrency market-structure bill, but analysts warn failure to pass it this year could increase the chances it is redesigned in the new Congress in 2027 or effectively scrapped. A cloture vote is set for Sept. 15 and will require 60 votes, including some Democratic support. Lawmakers face a shrinking legislative calendar and uncertainty over control after November midterm elections.

Crypto

U.S. Clarity Act vote nears as crypto industry and banks clash in last-minute lobbying

With the U.S. Senate set to hold a procedural vote on the Clarity Act on Sept. 15, lobbying by the cryptocurrency industry and regional banks is spreading to senators’ home states. Both sides used the August recess to press their case through local events, meetings, op-eds, calls, emails and advertising. The bill would set federal rules for digital assets and split oversight between the SEC and CFTC, with stablecoin reward provisions a key flashpoint.

Crypto

Lummis says missing this session on Clarity Act could delay next chance until 2030

Republican U.S. Senator Cynthia Lummis warned again that if the Clarity Act, a cryptocurrency market structure bill, is not handled within the current session, the next meaningful legislative opportunity could be delayed until 2030. She posted the message on X ahead of a procedural vote set for Sept. 15. The vote would determine whether the bill can move into full Senate consideration and requires 60 votes to end debate.