# US Senate to vote on Clarity Act for cryptocurrencies in September 2026-08-10T13:59:21+00:00 | World & Diplomacy | Indian Opinion Desk Corroboration: 1 independent outlet The US Senate will hold a procedural vote on the Clarity Act after the August recess, Republican Majority Leader John Thune announced. The bill would create a federal rulebook for cryptocurrencies, defining which digital assets are securities or commodities and assigning regulatory duties to the SEC and CFTC. Republicans need at least 60 votes, requiring eight Democrats if all GOP senators back the measure. The Clarity Act includes an ethics provision barring the president, vice president and some members of Congress from issuing digital assets until January 2029, a rule directly affecting Trump's family crypto ventures. It also bans rewards on idle stablecoin balances, imposes anti-money-laundering rules on digital commodity exchanges, creates a $50-million annual fundraising exemption for crypto companies, and sets rules for decentralised finance platforms. Democrats have demanded stronger ethics enforcement, but the bill prevents state attorneys general from bringing cases under that provision. ## Coverage - livemint.com Tags: Clarity Act, cryptocurrency regulation, Donald Trump, SEC-CFTC, stablecoins, US Senate Canonical: https://indianopinion.org/us-senate-to-vote-on-clarity-act-for-cryptocurrencies-in-september/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/us-senate-to-vote-on-clarity-act-for-cryptocurrencies-in-september/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.