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US Senate Begins Vote Preparation on CLARITY Act

The US Senate has initiated the process to move forward with the CLARITY Act, aiming to establish clearer regulatory guidelines for cryptocurrencies in the United States.

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The procedure for cloture on bill H.R.3633 has been initiated following a petition by Senate Majority Leader Chuck Schumer. This step is crucial in advancing the legislation, which seeks to define the authority of regulators and establish rules for cryptocurrency exchanges, brokers, issuers, and infrastructure platforms. The upcoming vote, expected to conclude by September 15, 2026, will be decisive in shaping the future of crypto regulation in the US.

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The legislation could significantly influence the regulatory landscape for cryptocurrencies in the United States, affecting exchanges, issuers, and infrastructure providers.