White House crypto adviser Patrick Witt has expressed optimism regarding the passage of the CLARITY Act, a significant U.S. crypto market-structure bill, ahead of the Senate’s cloture vote on September 15. The procedural vote requires 60 Senate votes to advance the bill, though it is not the final passage vote. The legislation seeks to define the oversight roles of the SEC and the Commodity Futures Trading Commission concerning digital assets. Observers are watching for statements from key figures such as President Donald Trump or Senate Majority Leader Chuck Schumer, which could influence market sentiment regarding the bill’s prospects.
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