Key Takeaways
- Republicans expect the CLARITY Act to fail its Sept. 15 cloture vote.
- The deadlock is over executive-branch ethics rules, not crypto policy.
- A failed vote likely kills market structure legislation until the next Congress.
- Crypto super-PACs want a recorded vote to guide midterm spending.
Senate Republicans have signaled that the Digital Asset Market Clarity Act is heading toward defeat on September 15, the day the chamber votes on whether to open floor debate on the crypto industry’s central legislative goal. Both parties broadly accept the market structure framework itself. What has jammed the bill is a separate fight over ethi Republicans need about seven Democratic votes to reach the 60-vote cloture threshold, and by their own account they have none locked in.
Fifty-three Republican seats, sixty votes needed, zero Democrats committed
Clotur...


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