[REVISION HISTORY]

US Senate fails to advance CLARITY Act

Updated 43 times since CLSTR started tracking revisions of this situation.

What changed

2026-09-15 20:37 UTC → 2026-09-15 20:57 UTC · added ~~removed~~

On September 15, 2026, the U.S. Senate failed to advance the Digital Asset Market Clarity Act (H.R. 3633) after a procedural cloture vote resulted in a 49-50 tally. The vote fell short of the 60-vote supermajority required to overcome a potential filibuster and begin formal floor debate. The failed motion followed the introduction of a revised 635-page draft by Senate Republicans, which had incorporated 126 substantive amendments requested by Democrats. This updated version sought to address bipartisan concerns regarding blockchain developer liability, stablecoin management, and government ethics. Specifically, the bill proposed stringent ethics rules for federal officials, judges, and their spouses regarding digital asset ownership, alongside a mechanism for state attorneys general to participate in enforcement. ~~Despite these efforts~~ Democratic opposition, including from Senator Elizabeth Warren, centered on the belief that the bill provided insufficient ethical safeguards to ~~mitigate conflict-of-interest concerns~~ prevent public officials and ~~protect community banks via Treasury Secretary authority over stablecoin rewards,~~ their families from profiting from digital assets. Republican support also appeared divided. Following the ~~legislation could not secure~~ setback, SEC Chair Paul Atkins stated that the ~~necessary support. The failure~~ agency’s regulatory agenda for the sector will continue regardless of the ~~cloture motion leaves~~ bill’s fate. Concurrently, the ~~future of~~ U.S. House Ways and Means Committee has introduced a ~~comprehensive federal regulatory framework~~ separate 114-page proposal, the Digital Asset Tax Certainty Act, which aims to clarify cryptocurrency taxation rules and include exemptions for ~~digital assets uncertain.~~ small transactions.

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