Senate Fails to Advance CLARITY Act on 49-50 Cloture Vote

Senate Fails to Advance CLARITY Act on 49-50 Cloture Vote

A microcap crypto infrastructure company just signed its fourth cooperation agreement with the same partner in under a year. The same week, the U.S. Senate killed the crypto industry’s biggest legislative priority in a single procedural vote. One story is about two small companies building something together. The other is about Washington failing to build anything at all.

BTC Digital Signs Fourth Cooperation Deal With Tianci International for 3 MW Computing Project

BTC Digital Ltd. (Nasdaq: BTCT) announced on September 15 a memorandum of understanding with Tianci International, Inc. (Nasdaq: CIIT) for an approximately 3 MW crypto computing power infrastructure project, effective September 11. Tianci plans to deploy computing equipment in phases over 12 months. BTC Digital provides hosting, power, cooling, and technical support. Tianci handles equipment procurement and financing. Both companies were explicit that the MOU is non-binding: actual scale and timing depend on equipment delivery, financing, and site conditions still to be worked out.

This is the fourth agreement between the two companies since October 2025, when they first signed a broader cooperation MOU spanning mining, stablecoin payments, and real-world asset tokenization. A mining machine hosting agreement followed on September 9, just six days before this latest announcement. BTC Digital, a roughly $20 million market cap company, briefly faced a Nasdaq minimum bid price deficiency notice on September 2. It regained compliance two days later, through share price appreciation rather than a reverse split. The company also has a 10 MW computing facility in Georgia nearing completion and a separate natural gas-powered project underway in Alberta.

Senate Blocks the CLARITY Act, Stalling Crypto’s Biggest Legislative Push

The U.S. Senate failed to advance the Digital Asset Market CLARITY Act on September 15, falling short of the 60 votes needed to end debate on a procedural cloture vote, 49 to 50. The bill would have given the Commodity Futures Trading Commission primary authority to regulate most of the crypto industry, replacing years of case-by-case SEC enforcement with an actual statute. Most Democrats voted against advancing it, citing unresolved concerns about ethics provisions meant to limit President Trump’s personal crypto holdings. Three Republicans, Susan Collins, Josh Hawley, and Jerry Moran, voted no as well.

The industry has spent years and hundreds of millions of dollars lobbying for exactly this bill. Crypto-linked stocks and tokens fell the same day the vote failed. The practical effect: market structure legislation is very unlikely to move again before the current Congress ends this year, and control of the next one is far from settled. If Democrats win either chamber in the midterms, crypto-skeptical lawmakers would likely chair the committees that matter most. Nothing about crypto’s underlying regulatory gray zone changed on September 15. It just stayed exactly where it was.

BTCT, CLARITY Act: Forward-Looking FAQ

BTC Digital’s MOU with Tianci is non-binding. What has to happen before any of the 3 MW actually gets built? 

Tianci needs to procure and deliver the computing equipment, and both companies still need to finalize site, power, and financing arrangements. Deployment happens in phases over 12 months from the September 11 effective date, but no phase has a confirmed start date yet.

Now that the CLARITY Act failed in the Senate, is there any chance it comes back before this Congress ends? 

Unlikely based on the vote itself. A failed cloture vote doesn’t formally kill a bill, but Senate leadership would need to find different votes than the 49 it already had, and the session ends this year with no signs of a renegotiated deal in progress.

Does the CLARITY Act’s failure change how the SEC and CFTC currently regulate companies like BTC Digital? 

Not directly or immediately. Without the bill, crypto companies continue operating under the existing patchwork of SEC and CFTC enforcement and guidance rather than a single statute, the same uncertain framework that’s been in place throughout 2026.

Sources

Editorial Disclosure

Securities discussed: BTC Digital Ltd. (Nasdaq: BTCT). aktiego.com has not received any compensation from any company mentioned, their management, investor relations representatives, or any third party. No staff member or principal of aktiego.com holds a position in any security mentioned at the time of publication.

These are speculative investments carrying significant risk including potential total loss of capital. Coverage on aktiego.com is provided for informational and educational purposes only. aktiego.com is not a registered investment advisor. Nothing in this article constitutes financial, investment, or professional advice. Readers are encouraged to conduct their own due diligence and consult a qualified financial advisor before making any investment decisions. For more information please see our full DISCLAIMER.

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