Cointelegraph
US Senate to vote on advancing CLARITY Act on Sept. 15 after Thune files cloture
The procedural move puts crypto market structure legislation back on track as lawmakers continue negotiations over ethics and stablecoin provisions.US Senate Majority Leader John Thune has filed cloture on a motion to take up the Digital Asset Market Clarity Act, also known as the CLARITY Act, setting up a key procedural vote on the crypto market structure bill for Sept. 15.The vote is expected…
The procedural move puts crypto market structure legislation back on track as lawmakers continue negotiations over ethics and stablecoin provisions.US Senate Majority Leader John Thune has filed cloture on a motion to take up the Digital Asset Market Clarity Act, also known as the CLARITY Act, setting up a key procedural vote on the crypto market structure bill for Sept. 15.
The vote is expected after the Senate reconvenes at 2:15 pm ET on Sept. 15, giving lawmakers several more weeks to work through unresolved disagreements over the legislation.
Thune’s move puts the CLARITY Act on a path toward Senate consideration after lawmakers failed to reach an agreement before the August recess. Negotiations have been complicated by disagreements over ethics provisions and rules governing stablecoin rewards, among other issues.
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