The landmark bill establishes clear definitions for crypto assets across three regulators: CFTC (commodities), SEC (securities), OCC (banking). Removes regulatory ambiguity.
Scheduling a floor vote signals leadership backing. Procedural approval clears the path for immediate debate and amendment when senators return post-recess.
The vote before recess signals this is a priority. Mid-September floor consideration positions passage before year-end when political windows often close.
Investors positioned for regulatory clarity are watching the September votes. A Clarity Act passage would remove a major policy uncertainty for institutional capital.
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