Clarity Act crypto bill adds CFTC rules but still lacks Democratic votes

Senate Republicans have put a new version of the Clarity Act crypto bill on the table just days before a make-or-break procedural vote, betting that a heavier dose of Democratic input can finally break a year-long stalemate over how Washington regulates digital assets. The revised 630-page text, released Thursday, September 10, 2026, lands ahead of a September 15 cloture vote that will show whether the legislation has enough votes to keep moving — or whether it stalls again.

Key takeaways

• Senate Republicans released a revised 630-page Clarity Act on September 10, 2026, ahead of a critical September 15 cloture vote requiring 60 senators.
• The bill now forces “non-decentralized finance trading protocols” to register with the Commodity Futures Trading Commission, with CFTC and Treasury directed to write detailed rules.
• DeFi provisions were narrowed to cover only spot and cash digital commodity transactions, a change aimed at easing tribal government concerns over prediction markets.
• More than 114 provisions requested by Democrats were added, yet the party still has not thrown its collective support behind the bill.
• The ethics section barring officials and spouses from issuing digital assets stays largely unchanged, keeping Trump’s crypto holdings a flashpoint.