The development

The Senate schedule for September 15 lists a vote at approximately 2:15 p.m. on cloture on the motion to proceed to H.R. 3633, the Digital Asset Market Clarity Act. The Senate cloture record also lists the motion as filed.

The vote is procedural. If cloture is invoked, the Senate can move toward considering the measure; the vote itself would not enact the bill.

Why it matters

The bill would set a federal market-structure framework for digital assets and divide important responsibilities across financial regulators. Senator Cynthia Lummis released updated text on September 10 and described changes concerning decentralized finance, Bank Secrecy Act provisions, spot-market scope and credit unions.

What happens next

JAT will update this story after the official roll call. Until then, the defensible description is that a vote is scheduled—not that the bill advanced or passed.

Primary sources