The Senate is set to hold a Tuesday cloture vote on the Digital Asset Market Clarity (CLARITY) Act, a procedural test requiring 60 votes to overcome a filibuster and begin formal consideration. The legislation would establish federal criteria for distinguishing digital securities from digital commodities and divide oversight between the Securities and Exchange Commission and Commodity Futures Trading Commission. It has not yet cleared the full Senate or become law. Its prospects remain uncertain amid Democratic demands for stronger anti-money-laundering and ethics rules, bank concerns over stablecoin provisions, and a narrowing legislative calendar before a new Congress convenes in 2027. Senator Cynthia Lummis has warned that failure to enact the measure this year could leave the next meaningful opportunity until 2030. Prediction-market pricing for the bill becoming law in 2026 stood at 14.5% YES, down from more than 75% earlier in the year, according to Bitcoin.com News. Crypto groups and banks have intensified lobbying ahead of the vote, while industry-backed political action committees are spending heavily in 2026 races. President Donald Trump, Senate Banking Committee Chairman Tim Scott and congressional leaders remain central to the bill's path. Republican control of the White House would continue until January 2029 regardless of the midterms, preserving presidential veto power and continuity at financial regulators led by Paul Atkins at the SEC and Michael Selig at the CFTC.