Senator Cynthia Lummis has backed the CLARITY Act as a way to extend Wyoming’s digital-asset model across the United States ahead of a Sept. 15 Senate cloture vote that needs 60 votes to open debate. Lummis said Wyoming built a working legal framework for digital-asset companies years before Congress focused on the sector, has enacted more than two dozen blockchain and digital-asset laws since 2018, and created special-purpose depository institutions plus legal definitions for blockchain-based property. The bill would divide digital-asset oversight between the SEC and CFTC, impose disclosures and registration on covered market participants, shield certain non-custodial developers who do not control customer funds from intermediary-style rules, and treat customer-held digital assets as customer property in Chapter 7 bankruptcies. Senate Majority Leader John Thune filed cloture on the motion to proceed for 2:15 p.m. ET on Sept. 15; the House passed the measure 294-134 in July 2025 and the Senate Banking Committee advanced its portion 15-9 in May 2026. SEC Chair Paul Atkins said he expects the legislation to advance toward President Donald Trump’s signature, while House leaders have canceled second-half September sessions, leaving limited time to reconcile any Senate amendments before the midterm recess.