Key Takeaways
According to BlockchainReporter, the CLARITY Act stalled in the US Senate after a 49-50 cloture vote, prompting the SEC and CFTC to advance separate agency rules.
According to BlockchainReporter, the Digital Asset Market Clarity Act of 2025 (H.R. 3633), commonly known as the CLARITY Act, experienced a setback when the US Senate rejected a procedural cloture vote 49-50 on September 15, 2026. This vote fell eleven short of the 60 required to open floor debate. Every present Democrat voted against the measure, driven by disputes regarding ethics provisions concerning official crypto holdings, Section 604 law-enforcement terms, and a stablecoin-yield ban that caused Coinbase to pull its support.
Originally passing the House in July 2025, the legislation seeks to divide federal oversight of digital assets between the SEC and the CFTC. Following the Senate outcome, regulators acted independently. The SEC introduced a five-year exemption for tokenized stock trading and a no-action position for passive developers, while the CFTC submitted its own crypto rulemaking for White House review. Although a motion to reconsider was filed by Senator Thom Tillis, analysts anticipate that legislative progress will likely push into 2027.
Source & Fact-Check Note
https://blockchainreporter.net/what-is-the-clarity-act-the-crypto-bill-that-could-reshape-us-regulation-explained/
