CLARITY Act Hits September 15 Senate Procedural Setback

The revised CLARITY Act reportedly failed to advance in the September 15 Senate procedural vote, 49-50, after earlier expectations that Republican efforts and Trump’s ethics concession might improve passage odds. The setback preserves major uncertainty for Solana DeFi, token issuance, protocol registration, stablecoin rewards, and SEC-CFTC jurisdiction; negotiations or another vote remain possible.