Coinbase CEO Brian Armstrong said he expects the Digital Asset Market Clarity Act to clear a Senate cloture vote with more than 60 votes in mid-September, arguing the bill has a great chance of passing and that both sides secured about 90% of what they wanted. Kalshi traders price only a 22% chance the measure wins more than 60 votes, underscoring a sharp gap with Armstrong’s optimism. After pressure from President Donald Trump, the cloture vote is set for September 15; success would end debate and a filibuster but would not itself enact the bill. Republicans hold 53 seats, so at least seven Democrats would need to support it. Democrats have pressed for stronger ethics limits on politicians’ crypto investments, and banking groups have criticized stablecoin provisions that bar yield on idle tokens while allowing activity-based rewards. The bill would give the CFTC exclusive jurisdiction over spot markets for digital commodities. If cloture fails, limited calendar time before an early October midterm break would leave the path more uncertain, with Armstrong still praising CFTC and SEC chairs for advancing rules regardless.