The U.S. Senate has advanced the first procedural votes on the Digital Assets Market Clarity Act, with leadership initiating floor proceedings on Saturday. This marks the furthest progress yet for the industry’s central policy effort.
However, this significant advance comes after the bill missed its window to receive a vote before the Senate’s summer break, leaving it in a long-shot position for approval by September. Though the Clarity Act’s chances are hanging by a thread, it would likely have been declared dead for 2026 without at least this first important movement.
“We, the undersigned senators … hereby move to bring to a close debate on the motion to proceed to calendar number 423, [House Resolution] 3633, an act to provide for a system of regulation of the offer and sale of digital commodities by the Securities and Exchange Commission and the Commodity Futures Trading Commission, and so forth and for other purposes,” the clerk said reading the filing.
