A September 2026 Senate cloture vote on the CLARITY Act failed with 49 votes in favor, falling 11 votes short of the 60 required to advance the legislation

How governments worldwide set rules for digital assets through legislation, agency rulemaking, licensing regimes and court fights.

Bicameral federal legislature of the United States, made up of the Senate and the House of Representatives, which writes law, controls federal spending and oversees the executive branch. Its two chambers represent states and districts on different terms and hold different constitutional powers.