The U.S. Senate begins procedural voting on the CLARITY Act.

BlockBeats news, September 16 — The U.S. Senate is holding a procedural vote on the Digital Asset Market Clarity Act (the CLARITY Act), with the presiding officer currently conducting a roll call vote. Senators will decide whether to end debate on the motion to proceed to consideration of the bill, with a threshold of 60 votes.

If the vote passes, the bill will only then move to full Senate debate, amendment, and subsequent final votes; this does not mean the bill will pass directly tonight, still less that it will take effect immediately.

For the crypto industry, the significance of this vote lies in whether Washington is willing to establish a clearer federal regulatory framework for digital assets.

The voting process is expected to last about 10 minutes, with the final result confirmed in roughly half an hour.