Cloture on the Motion to Proceed Rejected in the Senate on September 15, 2026 · 48 Yea, 50 Nay, 1 Not Voting
Question: Motion to Invoke Cloture: Motion to Proceed to H.R. 3633
In plain English: This bill creates rules for trading digital assets that use blockchain technology, assigning most oversight to the Commodity Futures Trading Commission. It also sets conditions for these digital assets to be traded and clarifies the roles of the SEC and CFTC in regulating them.
Digital Asset Market Clarity Act of 2025 or the CLARITY Act of 2025 This bill establishes a regulatory framework for digital commodities, defined by the bill as digital assets that rely upon a blockchain for their value. The Commodity Futures Trading Commission must generally regulate digital commodities transactions, including digital commodity exchanges, brokers, and dealers. To qualify for trade on an exchange (1) a digital commodity’s blockchain must be mature, or on a blockchain system th…