The US Senate is preparing for a possible September vote on the CLARITY Act, even as lawmakers still lack the 60 votes likely needed to advance the crypto market structure bill. According to BeInCrypto, Senate Majority Leader John Thune still plans to file cloture before the August recess, setting up a procedural vote when the chamber returns.

Disputes over stablecoin rewards and ethics remain unresolved, with banks lobbying against the bill and Democrats seeking stricter rules on officials’ crypto ties.