Decrypt reports that the Senate has advanced the Clarity Act by filing a motion to proceed, with a vote scheduled for mid-September. Senate Majority Leader John Thune filed the motion early Saturday to move forward with the cryptocurrency bill.
US market-structure legislation is the piece most likely to change how you classify tokens and structure token launches, so if you're issuing or listing on Avalanche or Base this is worth tracking closely. A procedural motion to proceed only keeps it moving, not passed, so treat any September vote as a milestone to watch rather than a reason to change plans now. If it advances, the practical questions are which tokens fall under securities versus commodity treatment and what registration or disclosure burdens land on issuers.
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