According to CoinMeta, the crypto industry's political network plans to launch a nationwide television ad campaign worth seven figures before the Senate votes on the Digital Asset Market Structure Clarification Act ( Clarity Act ) on September 15. The bill aims to establish federal regulations for the digital asset market and is intended to be overseen by SEC and CFTC, but it requires 60 votes to pass. Ethical concerns surrounding Donald Trump and his family's interests in crypto assets may lead to a shortage of votes in favor of the bill. Additionally, with the House of Representatives' voting schedule being reduced, the final passage of the bill could be postponed until after the mid-term elections in November.