CLARITY Act Enters Senate Cloture Phase With 60-Vote Threshold

Senate Majority Leader John Thune filed a motion to proceed for the CLARITY Act, initiating cloture. A 60-vote majority is required to advance the bill before the September recess.

Woofun AI reports that Senate Majority Leader John Thune submitted a motion to proceed for the Cryptocurrency Market Structure Act, also known as the CLARITY Act, on Saturday morning. This action formally began the initial procedural voting process within the Senate. The bill has now entered the cloture procedure, which mandates 60 votes in favor to advance toward final passage. Although the timing precluded a vote before the August recess, the groundwork is set for a procedural vote shortly after lawmakers return in September, potentially on the second day of the session. Lawmakers have approximately three weeks of session time in September before focusing on the November midterms.