[U.S. Senate to Vote on the 'Clarity Act,' Democrats Propose Counterproposal] The U.S. Senate will hold a procedural vote on the 'Clarity Act' at 22:15 (UTC+8) on September 15. The bill requires 60 votes to advance. Republicans have introduced 126 amendments to the bill, while Democrats proposed a counterproposal on the eve of the vote, seeking to tighten restrictions on large crypto holdings, blockchain regulatory provisions, and rules regarding conflicts of interest for exchanges. Patrick Witt, Executive Director of the White House Crypto Committee, expressed optimism about the voting outcome. Eight major banking industry groups, including the American Bankers Association, oppose the bill, while the White House Council of Economic Advisers has launched new tools to counter the banking industry's claims that stablecoins lead to deposit outflows. (Source: Crypto in America)