US Senate to Hold Procedural Vote on CLARITY Act

Bitcoin News reported on X platform that the US Senate plans to hold a key procedural vote on the CLARITY Act on September 15. The cloture vote requires 60 votes in favor; if passed, the Senate will proceed to formal consideration of the bill, though this does not signify final passage. The CLARITY Act aims to establish a comprehensive federal regulatory framework for the digital asset market. Meanwhile, US Commodity Futures Trading Commission Chairman Michael Selig stated that the agency can leverage existing authorities to advance limited cryptocurrency regulation, but these powers cannot replace the broader framework under congressional consideration.