16:20 - 9.09.2026

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September 9, Fineko/abc.az. The bitter legislative clash between the cryptocurrency sector and traditional U.S. banks has moved to senators' home turf ahead of a crucial Senate procedural vote on the "Clarity Act," scheduled for September 15. Taking advantage of the congressional recess, both industries deployed aggressive grassroots campaigns, media blitzes, and localized lobbying to swing decisive votes.

Advocacy group "Stand With Crypto," backed by Coinbase, revealed that its network mobilized nearly 50,000 direct calls and messages to lawmakers throughout August alone. Conversely, community bankers are sounding the alarm over digital token provisions, warning that the bill could drain traditional bank deposits and stifle local economic lending. With unresolved concerns surrounding ethics and market stability, analysts warn the legislation faces steep odds in clearing the Senate's 60-vote threshold.