#CLARITYActSept15

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About CLARITYActSept15

The US Senate holds a procedural cloture vote on the CLARITY Act at 2:15 PM Sept 15, needing 60 votes to advance to debate. The bill passed the House 294 votes and cleared the Senate Banking Committee 15 to 9 in May. Republicans hold 53 seats, so at least 7 crossovers are needed. Sticking points: stablecoin rewards, non-custodial DeFi liability, and conflict of interest rules. If it clears, SEC/CFTC jurisdiction and token classification rules move closer to law. Prediction markets: about 40%.

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