Clarity Act Vote Needs 60 to Advance in U.S. Senate

The U.S. Senate will hold a procedural vote on the Digital Asset Market Clarity Act, which requires 60 votes to advance. The measure needs at least seven Democratic 'yes' votes and all 53 Senate Republicans. If passed, the bill would establish the first federal regulation of the U.S. crypto sector and clarify the jurisdiction between the SEC and the CFTC (Commodity Futures Trading Commission). This could significantly impact how digital assets are regulated, offering more certainty for investors and market participants.