The CLARITY Act Has 100 New Changes and a 60-Vote Problem

Lummis Says the New Draft Includes More Than 100 Changes

On Thursday, Senate Banking Digital Assets Subcommittee Chair Cynthia Lummis (R-WY) explained that the caller draft contains a large woody of changes to the CLARITY Act. “This updated Clarity Act substance reflects bipartisan hard enactment implicit August—specifying erstwhile decentralized-in-name-only DeFi protocols indispensable registry with the CFTC and limiting the DeFi provisions to spot and currency transactions, successful effect to Native American concerns astir prediction markets.”

Lummis added:

“Overall, this substance contains implicit 100 changes requested by Democrats. Let’s get this done!”

The measure is inactive H.R. 3633, the market-structure bill that already passed the House. Senate Majority Leader John Thune filed to determination the measure guardant connected Aug. 8. The Senate returns Sept. 14, and the archetypal large hurdle comes Monday, Sept. 15, astatine 2:15 p.m. EDT, erstwhile senators are expected to ballot connected whether to beforehand the bill. It needs 60 votes to determination forward. Republicans person 53 Senate seats, truthful adjacent if each Republican votes yes, they’ll inactive request enactment from astatine slightest 7 Democrats.

The Senate’s 60-Vote Hurdle Still Looms

Reporter Eleanor Terrett, who got a transcript of the draft, highlighted the main argumentation changes included successful it. “The changes present include: Requiring non-decentralized DeFi protocols to registry with the CFTC, which mirrors Section 10301 of the Banking Committee information of the bill,” Terrett wrote connected X. “Limiting the DeFi provisions to spot oregon currency integer commodity transactions, which appears aimed astatine addressing concerns raised by tribes astir blockchain-based prediction markets,” she added.

Polymarket likelihood for the CLARITY Act connected Thursday, Sept. 10, 2026.

The newsman besides noted that the changes included “clarifying the authorization of recognition unions to woody successful crypto.” Following the news, Polymarket’s CLARITY Act wager that bets connected whether oregon not the authorities volition walk this year, jumped modestly by a fewer percent points. Earlier successful the day, it was down to 16%, and by 3:40 p.m. EDT, it stood astatine 19%. While an improvement, it’s inactive not the top odds.

The revised draught shows however circumstantial concerns, including those raised by tribal gaming groups implicit prediction markets, tin power a overmuch broader crypto bill. But getting it done the Senate could inactive beryllium difficult. The measure needs 60 votes to advance, meaning Republican leaders volition request Democratic support. Even with astir 100 changes to the draft, it’s unclear whether those compromises volition beryllium capable to triumph implicit the senators they need.

While Lummis remains hopeful astir getting a woody done, large disagreements implicit however integer assets should beryllium regulated are inactive lasting successful the way.