The US Senate is scheduled to vote on advancing the CLARITY Act in September, according to reporting from CoinTelegraph. This procedural move puts crypto market structure legislation back on track as lawmakers continue negotiations over ethics and stablecoin provisions.
The move comes after a cloture was filed, which is a procedural step that can help bring the legislation to a vote. The CLARITY Act aims to provide clarity on cryptocurrency regulations, and its progression is being closely watched by the crypto industry.