CLARITY Act Senate Vote Looms: Will It Boost Bitcoin or Ethereum?

The landmark crypto legislation known as the CLARITY Act aims to establish a clear regulatory framework for digital assets in the USA. Many industry participants view it as a potential game-changer.

The Senate's cloture vote on the bill is scheduled for tomorrow, September 15, and advancing the debate will require at least 60 votes.

Although lawmakers recently revised the legislation to attract more Democratic support, the outcome remains far from certain. The market cap of all cryptocurrencies stands at $2.75 trillion, a 1.31% increase in the past 24 hours with a 24-hour spot volume of $38.59 billion.