The head of the U.S. Securities and Exchange Commission is voicing confidence that a sweeping bill to establish federal oversight of digital assets will clear a key Senate hurdle this month, potentially ending years of regulatory ambiguity that has hung over the crypto industry.

SEC Chairman Paul Atkins said during a Fox Business interview on Tuesday that he expects the CLARITY Act to advance when the Senate convenes for a procedural vote on September 15. The measure, formally known as the Digital Asset Market Clarity Act, would divide regulatory authority between the SEC and the Commodity Futures Trading Commission.

“The Clarity Act will be voted on in the Senate on the 15th of September,” Atkins said. “I anticipate and hope that it…