The 3 Most Important Things to Know About the CLARITY Act

Here are some of the most important things about the CLARITY Act as it heads for a critical Senate vote set for September 15. The Digital Asset Market CLARITY Act is going to go through a very important Senate test on September 15th after more than a year of legislative work on the bill. The House passed H.R. 3633 by a vote of 294- 134 in July 2025, and the Senate Banking Committee advanced its version 15-9 in May 2026. Lawmakers later merged the work from the Banking and Agricultural committees, while Senate Majority Leader John Thune filed cloture before the August recess, setting September 15 as the next major hurdle. The vote is not final passage. Senators are basically deciding whether or not to proceed with the debate, and cloture requires 60 votes, so Republicans need Democrats or support from independent seats. Senate Republicans have now released further revisions after recess negotiations. They said that the bill includes more than 115 Democratic “wins,” with new fraud measures and changes for certain decentralized finance (DeFi) platforms, as well as clear crypto authority for credit unions. The CEO of Coinbase, Brian Armstrong, urged a “yes” vote, noting the company’s p...