The U.S. Senate failed to advance the Digital Asset Market CLARITY Act after a September 15, 2026, procedural vote on H.R. 3633 ended 49-50, delaying a proposed framework that would divide digital-asset oversight between the Securities and Exchange Commission and Commodity Futures Trading Commission. While Congress remains stalled, regulators have continued using existing authority: the SEC has introduced an Innovation Exemption for tokenized stocks and approved a tokenized securities proposal, while CFTC Chair Michael Selig has outlined potential rules for crypto exchanges and leveraged trading. A market contract on the CLARITY Act being signed into law by 2026 was priced at 5%, unchanged from the prior day and down from 6% a week earlier. Market participants are watching President Donald Trump, Senate Banking Committee Chairman Tim Scott, the White House and regulators for signs of renewed legislative action or further agency-led rulemaking.