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The CLARITY Act stalled. Can Congress pass crypto tax rules first?

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A new Senate tax proposal has joined a House bill already through committee. The measures address payments, fees and trading rules, but they have their own route to enactment and cannot settle market oversight. The Senate's September 15 cloture vote on the CLARITY Act was 49 in favor, 50 against and one senator not voting; 60 votes were required to begin debate. The House Ways and Means Committee advanced H.R. 10357, the Digital Asset Tax Certainty Act, by 38 to 5 on September 16, but the full House has not passed it.

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