ChainCatcher report, according to CoinDesk, Senate Majority Leader John Thune formally filed a procedural motion for the Clarity Act following an all-night voting session on Saturday morning, initiating the first procedural vote for the bill in the Senate. This move positions the Clarity Act to potentially enter its procedural vote immediately after the September recess, though the bill has missed the voting window before the August recess, and passage in September remains challenging. The Clarity Act requires at least 60 votes for passage and currently needs support from at least ten Democratic senators. However, disagreements persist over ethical provisions prohibiting senior government officials—including President Trump—from participating in crypto projects. Bipartisan senators have submitted revised proposals to the White House, but they have been搁置 for at least a week without response. Additionally, unresolved issues include protections against illicit finance and stablecoin yields. If the procedural vote fails in September, the likelihood of the Clarity Act passing this year becomes extremely slim, and the bill would need to be reintroduced by the new Congress in 2027.
The U.S. Senate begins procedural vote on the Clarity Act amid uncertainty over September passage
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Summary
U.S. Senate Majority Leader John Thune has filed a procedural motion for the Clarity Act, marking the first step toward a Senate vote. The bill could advance after the September recess, but it missed the August window and faces significant hurdles. The Clarity Act requires at least 60 votes, including 10 Democrats. Disputes over ethics rules and crypto connections remain unresolved. A revised version of the proposal is currently stalled at the White House. A failed vote in September would likely end the bill’s prospects for this year. On-chain and crypto news outlets continue to monitor the bill’s progress.
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