CLARITY Act Fails Senate Vote Amid Crypto Oversight Debate
The CLARITY Act hit a roadblock in the US Senate on September 15, 2026, after failing to pass cloture by a single vote. The bill aimed to clarify crypto oversight by splitting it between the SEC for securities and the CFTC for commodities.
With only 49 votes in favor, short of the required 60, the motion to invoke cloture fell through. Senator Thom Tillis initially voted 'yes' but later switched to 'no', preserving his right to file a motion to reconsider later.
The CLARITY Act sought to define when digital-asset deals fall under securities law and set rules for digital commodities. However, the bill remains at the procedural stage, with no timeline set for its revival.