Senate Majority Leader John Thune has filed a cloture motion on the Digital Asset Market Clarity Act, paving the way for a full Senate vote in September. This bill represents the most comprehensive attempt to regulate crypto assets in US history and requires 60 votes to advance past debate. Passed by the House with bipartisan support in July 2025, it cleared the Senate Banking Committee 15-9 in May 2026. Democrats have signaled they will oppose the motion unless bipartisan consensus is reached on two sticking points: stablecoin yields and ethics rules for government officials with ties to digital assets.
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