US Senate Majority Leader John Thune has moved to advance the Clarity Act, a proposed framework for regulating cryptocurrencies. The bill could face a 60-vote hurdle in the Senate, with Democrats seeking stronger safeguards. Its passage would mark another major crypto policy win for President Donald Trump.

The majority leader opened the multi-stage process the Senate follows when trying to get a bill over its 60-vote hurdle, so it's still got a shot in September.

Senate Majority Leader Thune files cloture on the Digital Asset Market Clarity Act, targeting a September vote that could reshape US crypto