Democrats in the Senate introduced a counterproposal regarding the amended version of the "CLARITY" law during the late-night hours.

Details of the proposal remain confidential, but negotiations are still ongoing just hours before the vote scheduled today at 17:15 GMT to end the debate.

Patrick Witte, White House adviser on cryptocurrency matters, said he feels "great hope" ahead of the vote, as the White House is making its final efforts to secure the 60 votes needed to pass the bill.

#Clarity