U.S. Senate opens first stage of crypto Clarity Act voting to give bill a chance next month
The U.S. Senate has initiated procedural steps for the 'Clarity Act', a bill aimed at regulating digital commodities, though its path to passage remains uncertain. The legislation faces a tight timeline before the November midterm elections and requires bipartisan support to clear the 60-vote threshold.
But this key advance announced after a marathon overnight voting session comes after the bill has missed its window to get a vote before the Senate's summer break, leaving it in a long-shot position to get approval in September. Though the Clarity Act's chances are hanging by a thread, it would likely have been declared dead for 2026 without at least this first important movement.
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