US Senate Set for Cryptocurrency Clarity Vote Amid Bipartisan Support

The US Senate is on the cusp of passing landmark cryptocurrency legislation, the Digital Asset Market Clarity Act (CLARITY Act), which would clarify the distinction between digital commodities and securities. The bill has already cleared the House and the Senate Banking Committee with bipartisan support.

Senate Majority Leader John Thune has scheduled a cloture vote for September 15, 2026, at 2:15 p.m. ET. He is pitching nervous Democrats on a straightforward idea: vote yes now, fix it later.

The CLARITY Act resolves the long-standing ambiguity between digital commodities and securities by assigning oversight responsibilities to each agency based on what an asset actually is. The bill runs 635 pages and incorporates 126 changes requested by Democratic members, primarily focused on ethics rules and stronger consumer protections.