U.S. Senate Majority Leader John Thune has filed cloture on a motion related to advancing a college sports bill, according to Canadian journalist Eleanor Terrett. According to Odaily, the move is seen as indicating that the CLARITY Act, which would set a regulatory framework for the crypto industry, still lacks bipartisan consensus.

Market participants had expected the U.S. Congress to make progress on the bill and provide a clearer legal framework for digital asset market structure and the division of regulatory authority. The latest development shows that divisions remain within the Senate.

Analysts said that if both parties cannot reach an agreement on the CLARITY Act, progress on the bill could be delayed further. Supporters still say the measure is important for clarifying the regulatory boundaries for crypto assets in the United States and reducing uncertainty for the industry.