US Senate Committee Deliberates Crypto CLARITY Act Amidst Over 100 Amendments
US Senate Committee Deliberates Crypto CLARITY Act Amidst Over 100 Amendments
The US Senate Banking Committee is currently reviewing the CLARITY Act, facing more than 100 proposed amendments. This legislative push highlights ongoing debates regarding stablecoin regulations, crypto firms' access to the Federal Reserve, and the broader utility of digital assets, signaling an intensified regulatory environment for the crypto market.
The US Senate Banking Committee’s crypto market structure push is running into a dense wall of amendments ahead of Thursday’s markup, with lawmakers filing more than 100 proposed changes to the CLARITY Act. The amendment rush puts stablecoin rewards, crypto firms’ access to the Federal Reserve system and even the use of digital assets for […]