New Delhi, Sept. 3 -- The US Senate is expected to vote on September 15 on the CLARITY Act, a bill designed to establish a clear legal framework and market rules for cryptocurrencies and digital assets. Originally called the Digital Asset Market Clarity Act, it passed the House of Representatives with a 294-134 bipartisan majority on July 17, 2025, and the Senate Banking Committee in May 2026.

The CLARITY Act aims to align US rules with existing global frameworks, such as the European Union's MiCA.

The bill, among others, requires crypto firms to follow Bank Secrecy Act anti-money laundering rules.

It also establishes statutory legal definitions, assigns explicit agency authority and sets clear compliance obligations for industry parti...