CLARITY Act 60-Vote Hurdle Puts Crypto RulesThe CLARITY Act cleared a Senate Banking Committee vote and now sits on the chamber’s legislative calendar after a cloture motion was filed on August 8, according to congressional records. That procedural motion is the next real test as the bill needs 60 votes just to proceed to floor debate, a bar it has not yet cleared.
The bill, formally H.R. 3633 or the Digital Asset Market Clarity Act, passed the House 294-134 in July 2025 with meaningful Democratic support. It would split oversight of digital assets between the SEC and CFTC, a jurisdictional question that has shaped enforcement uncertainty across the industry for years.
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