- The CLARITY Act (H.R. 3633) faces a Senate cloture vote on September 15, 2026, with Republicans expecting it to fail
- Sen. Thom Tillis stated the bill “is going to fail” unless the White House helps bridge the divide between lawmakers
- Sen. Cynthia Lummis warned that failure to pass this Congress could delay crypto regulation until 2030
- Major financial institutions including Bank of America and Citi Bank have backed the legislation
US Republicans expect the Crypto Clarity Act to fail its upcoming Senate vote on September 15, 2026, according to reports from Watcher.Guru. The procedural cloture vote on H.R. 3633, scheduled for 2:15 p.m. ET, faces significant opposition despite broad industry support.
Sen. Thom Tillis of North Carolina stated Tuesday that he believes the bill “is going to fail” unless the White House helps bridge the divide. Similarly, Sen. Cynthia Lummis warned that “if the CLARITY Act does not pass in this Congress, the next real opportunity for crypto regulation may be delayed until 2030.”
The CLARITY Act aims to bring regulatory clarity and investor protection to the cryptocurrency sector. The legislation seeks to address the scams and hacks that have deterred many investors from the asset class.
Major financial institutions including Bank of America and Citi Bank have backed the bill. The White House, particularly President Trump, has also supported the legislation as a way to integrate crypto into mainstream US finance.
While the crypto industry prepares to move forward without the CLARITY Act, executives and investors say durable legislation would lend certainty and help attract long-term capital. The SEC has already indicated it will submit new rules to modernize crypto custody and clarify industry regulations. The approval of the CLARITY Act remains the biggest regulatory milestone yet to fall for crypto in the US.
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