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 September.
The vote is expected after the Senate reconvenes on Sept. 15, giving lawmakers several more weeks to resolve disagreements that prevented a deal before the August recess.
The Senate Daily Press confirmed that Thune filed cloture on the motion to bring the CLARITY Act to the Senate floor for consideration. Invoking cloture requires 60 votes, meaning Republicans will need Democratic support to clear the procedural hurdle.
