Clarity Act faces make-or-break Senate vote on Tuesday as crypto industry pushes for bill - CNBC

The Clarity Act is heading toward a decisive Senate vote on Tuesday, a procedural moment that will determine whether the crypto market-structure bill advances or stalls. The legislation has drawn heavy engagement from the crypto industry, which has pushed for clearer federal rules governing how digital assets are classified and regulated.

For markets, the significance lies less in the vote itself than in what it signals about the path to a workable regulatory framework. A bill that moves forward could reduce the uncertainty that has long shaped how exchanges, token issuers and institutional participants approach U.S. compliance. A failed vote would likely extend that ambiguity, leaving the sector to navigate a patchwork of agency guidance and enforcement actions.

What to watch: the margin of the vote, any amendments attached before it, and whether lawmakers signal a revised timeline if the measure falls short. Those details will shape expectations for how quickly — or slowly — federal crypto rules take form.