The Clarity Act (H.R. 3633), major legislation on the U.S. crypto market structure, is set for a procedural vote on September 15 according to Senate Leader John Thune. This vote will require 60 votes to advance, but does not constitute a final passage of the bill. Coinbase CEO Brian Armstrong has nonetheless expressed confidence, calling the legislation a « done deal. » The Clarity Act aims to establish a federal framework for digital assets and clarify the division of regulatory oversight between the SEC and the CFTC. Market participants interpret these developments positively, with a notable increase in the implied probability of the law being signed by 2026.
Source: Read the original article
