🔈🔈 CLARITY Act Updated Ahead of Senate Vote
💥 Republicans have released a revised 630-page version of the CLARITY Act, just days before a key Senate vote on September 15.
👑 Key updates:
✔️ The bill adds clearer rules for DeFi protocols, including when certain projects may need to register with the CFTC and comply with U.S. anti-money-laundering requirements.
✔️ The new DeFi provisions focus on spot and cash transactions involving digital assets classified as commodities and do not extend to prediction markets.
✔️ Senator Cynthia Lummis said the revised bill incorporates more than 114 proposals from Democratic lawmakers.
🔴 The biggest hurdle remains: CLARITY Act still needs 60 votes to pass the Senate’s cloture vote, while Republicans hold only 53 seats. No Democratic senator has formally backed the latest version yet.
🏦 Stablecoin yield also remains a major sticking point, with U.S. banking groups pushing lawmakers to prevent crypto platforms from offering rewards that could compete with bank deposits.
🗓 Key date: September 15, 2026 — U.S. Senate cloture vote on the CLARITY Act.
⚠️ Disclaimer: This content is for informational purposes only and does not constitute financial advice. Users are responsible for conducting their own research, assessing risks, and complying with applicable laws and regulations in their jurisdiction.
💥 Republicans have released a revised 630-page version of the CLARITY Act, just days before a key Senate vote on September 15.
👑 Key updates:
✔️ The bill adds clearer rules for DeFi protocols, including when certain projects may need to register with the CFTC and comply with U.S. anti-money-laundering requirements.
✔️ The new DeFi provisions focus on spot and cash transactions involving digital assets classified as commodities and do not extend to prediction markets.
✔️ Senator Cynthia Lummis said the revised bill incorporates more than 114 proposals from Democratic lawmakers.
🔴 The biggest hurdle remains: CLARITY Act still needs 60 votes to pass the Senate’s cloture vote, while Republicans hold only 53 seats. No Democratic senator has formally backed the latest version yet.
🏦 Stablecoin yield also remains a major sticking point, with U.S. banking groups pushing lawmakers to prevent crypto platforms from offering rewards that could compete with bank deposits.
🗓 Key date: September 15, 2026 — U.S. Senate cloture vote on the CLARITY Act.
⚠️ Disclaimer: This content is for informational purposes only and does not constitute financial advice. Users are responsible for conducting their own research, assessing risks, and complying with applicable laws and regulations in their jurisdiction.
