Senate Faces Crucial Cloture Vote on U.S. Crypto Market Structure Bill

The CLARITY Act, a bill that defines the U.S. crypto market-structure bill, is set to undergo a Sept. 15 Senate cloture vote that will determine if senators will begin formal floor debate on the bill. This vote will determine whether the bill becomes law. The White House Digital Asset Advisory Council's executive director, Patrick Witt, has urged senators from both parties to support the motion to proceed, warning that a failed vote could leave the United States without a federal crypto market framework. Failure to reach 60 votes could prevent the Senate from taking up the measure through the scheduled process. The House approved its version of the CLARity Act in 2025 and the Senate Banking Committee advanced its version in May 2026 by a 15-9 vote. Critics have sought stronger anti-money-laundering requirements and more enforcement power for state authorities. The bill also includes registration requirements for certain exchanges, brokers and dealers serving the digital-asset market.
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