Coinbase and Grayscale say U.S. CLARITY Act momentum continues ahead of Sept. 15 Senate vote

Coinbase CEO Brian Armstrong said the CLARITY Act is close to securing enough Senate support for passage, with remaining disagreements largely focused on ethics provisions, and the bill is expected to face a key Senate vote on Sept. 15 where clearing the 60-vote threshold remains the main hurdle ^[1].

Armstrong said passage could unlock more institutional capital and support products such as tokenized equities in the U.S ^[1].

Grayscale Head of Research Zach Pandl said regulatory clarity is improving even without the CLARITY Act, citing progress on stablecoins and other developments (the summary text is truncated after “token issua”) ^[1].

DailyCoin reported that Sen. Cynthia Lummis unveiled a revised CLARITY Act ahead of the Sept. 15 Senate vote ^[2].

BTCUSA said the upcoming procedural Senate vote could affect not only the substance of U.S. crypto regulation but also who writes it, describing a potential outcome in which the CLARITY Act is kept alive to preserve Congress’s plan to divide oversight between the SEC and the CFTC, while a failed motion would leave the administration signaling that both agencies would proceed under existing authorities ^[3].

36Crypto reported that an updated CLARITY Act draft includes over 115 Democratic changes covering stronger enforcement, consumer safeguards, and additional funding for cryptocurrency market supervision, and it said the revised DeFi provisions distinguish autonomous protocols from controlled platforms while limiting protections to spot and cash cryptocurrency trading activities only ^[4].