Crypto Stocks Rise Ahead of Senate Clarity Act Vote
Key Takeaways
- •The Senate is scheduled to hold a cloture vote on the Clarity Act at 2:15 p.m. ET on Tuesday, September 15, requiring 60 votes to advance, with any final passage vote needing 51 votes.
- •The final draft contains conflict-of-interest safeguards championed by Senators Thom Tillis and Ruben Gallego that would cover federal lawmakers, members of the judiciary, and their immediate family members.
- •The legislation would give the Treasury secretary broader authority to address deposit migration tied to payment-focused stablecoins and would exempt software developers from money-transmission licensing requirements.
- •Digital-asset stocks advanced ahead of the vote, with Coinbase up more than 7% to $187.76, Bullish climbing 9.45% to $38.44, and Compass Point upgrading Bullish to Buy with a $51 price target.
- •Coinbase recently reported a quarterly loss of $1.36 per share, far wider than the expected $0.01, leaving the company exposed to regulatory shifts and transaction-volume fluctuations.
Senate Republicans released the final text of the Clarity Act on Monday, one day before a procedural vote that could determine the future of the comprehensive cryptocurrency legislation. The Senate is scheduled to hold the cloture vote on Tuesday, September 15, at 2:15 p.m. ET.
The bill would establish a broad framework for digital-asset oversight in the United States. Cloture would require 60 affirmative votes. If approved, the measure could receive up to 30 hours of debate, followed by a final passage vote requiring 51 votes.
CONFIRMED: Senate schedules Clarity Act cloture vote for Tuesday, 2:15 pm ET • If cloture passes, up to 30 hours of debate. • Final bill approval then requires 51 votes. pic.twitter.com/5RB4FQdNnX — Bitcoin Archive (@BitcoinArchive) September 14, 2026
The final draft includes ethics provisions championed by Senators Thom Tillis and Ruben Gallego. The provisions would create conflict-of-interest safeguards covering federal lawmakers, members of the judiciary, and their immediate family members.
According to reports, President Trump met with advisers on Friday to review the bill’s ethics provisions. Senator Cynthia Lummis, chair of the Senate Banking Digital Assets Subcommittee, said Trump accepted some of the most stringent ethics standards ever implemented in American governance.
The legislation would also give the Treasury secretary broader authority to address deposit migration associated with payment-focused stablecoins. It would exempt software developers from money-transmission licensing requirements and establish civil-liability protections.
“After a year of intense daily bipartisan negotiations, this bill is ready,” Lummis said.
Bitcoin Archive reported the Senate schedule on X: https://x.com/BitcoinArchive/status/2099484453617745970?ref_src=twsrc%5Etfw
Digital-Asset Equities Advance
Financial markets responded to the legislative developments during Monday’s session. Coinbase shares rose more than 7% to $187.76 in morning trading, while Circle Internet gained 4.35% to $94.54.
Other blockchain-focused companies also advanced. Bullish shares climbed 9.45% to $38.44, Figure Technology rose 3.96%, and Gemini Space Station increased 3.14%. Strategy shares gained 2.18% to $133.83. Market observers characterize Strategy as a vehicle for Bitcoin exposure rather than a direct beneficiary of regulatory changes.
Bitcoin increased 1.66% to $78,113.69, and Ethereum rose 0.88% to $2,499.50.
Analysts at Investing.com identified Coinbase as the most obvious potential beneficiary if the legislation passes, citing its operations in exchange services, digital-asset custody, and stablecoin infrastructure. Company executives have said they plan to pursue regulatory pathways with both the Securities and Exchange Commission and the Commodity Futures Trading Commission regardless of the voting result.
Wall Street View
Compass Point upgraded Bullish to a Buy rating and raised its price target to $51. The firm cited possible benefits from the Clarity Act as well as the expansion of tokenized equity markets. In premarket trading, Bullish was near $36.
Circle Internet is viewed as a major opportunity in the stablecoin sector. Its shares were trading approximately 27.71% below the company’s 52-week high.
Robinhood Markets gained 1.21% and showed Strong Buy technical indicators on both daily and weekly measures. Market strategists said its business model is less dependent on specific regulatory developments than those of some industry peers.
The legislation’s 60-vote cloture threshold leaves the outcome uncertain. Market professionals have cautioned that passage could be followed by profit-taking after buying ahead of the vote. Failure would likely affect companies whose businesses are more dependent on favorable policy outcomes.
Coinbase reported a loss of $1.36 per share in its most recent quarterly report, substantially wider than the expected loss of $0.01 per share. That result leaves the company exposed to changes in regulation and fluctuations in transaction volumes.
