CLARITY Act faces Sept. 15 Senate cloture vote as Lummis calls moment now or never

  • The final CLARITY Act text is scheduled for a Sept. 15 Senate cloture vote requiring 60 votes to advance formal consideration, which Lummis called a now-or-never moment.
  • The bill adds statutory protection for noncustodial miners and validators, including Solana infrastructure operators, while narrowing criminal safe-harbor language.
  • The procedural test coincides with the Fed decision, major central-bank meetings, VeChainThor's hard fork and a substantial token-unlock schedule.

The final CLARITY Act text, released by Sens. Cynthia Lummis, John Boozman and Tim Scott on September 13-14, is scheduled for a Senate cloture vote on September 15, requiring 60 votes to open formal consideration. Lummis separately described the legislation as facing a now-or-never moment in a brief post that included a link but no additional details or specific timetable. The bill gives miners and validators clearer protection from money-transmission treatment when they validate transactions or operate noncustodial infrastructure, while adding crypto divestiture or blind-trust requirements for covered officials, a Treasury circuit breaker for stablecoin yield, narrower criminal safe-harbor language and tighter exchange-affiliate conflict rules. The vote follows the Senate's late-July failure to advance an earlier draft and remains uncertain despite sponsors' claim that the final text incorporates more than 120 Democratic demands. The week also includes the Federal Reserve's policy decision and projections, Bank of England and Bank of Japan meetings, quarterly derivatives expiry, VeChainThor's Interstellar hard fork, Cronos product events and major token unlocks.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.