Republicans Reject Democrats' Clarity Act Amendment, Push for Vote on Bill

U.S. Republicans have rejected Democrats' proposed amendment to the Clarity Act (CLARITY) law and decided to move forward with a cloture vote in the Senate. The Democrats had demanded additional measures including restrictions on federal officials holding digital assets, preventing conflicts of interest, DeFi policy regulations, and protections for tribal governments regarding gaming laws, but Republicans refused further negotiations.

CoinGecko reports that the U.S. Senate will hold a cloture vote at 2:15 p.m. Eastern Time on the 15th to proceed with deliberations on H.R. 3633.