According to CoinMeta, the U.S. Senate has begun its first procedural vote on the Crypto Markets Transparency Act, marking a progression of the bill in Congress. Although the bill did not get a chance to be voted on before the summer recess, this progress is considered crucial. The bill requires at least the support of 10 Senate Democrats to pass the 60-vote threshold. Currently, the future of the bill remains uncertain, especially regarding the provisions involving government officials' support for crypto projects.