Odaily Planet Daily reports: Bitcoin News posted on X that Senate Majority Leader John Thune has filed a cloture motion to advance consideration of the CLARITY Act. This procedural step is used to end debate and move the Senate toward a vote in September on whether to formally begin deliberating the bill. This does not mean the CLARITY Act has been passed. A cloture motion typically requires 60 votes to pass; if approved, the Senate can proceed with debate and consideration of the bill.
Thune Submits Motion to End Debate on the CLARITY Act
KuCoinFlashShare
On-chain news broke Tuesday as Senate Majority Leader John Thune filed a motion to end debate on the CLARITY Act. This move advances the Senate toward a September vote on whether to formally begin consideration of the bill. Crypto news outlets such as Odaily note that the motion still requires 60 votes to proceed, and passage has not yet been achieved.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.