Kennedy Backs Senate Crypto Bill, Clearing the Path in Banking Committee
TL;DR
Sen. John Kennedy (R-La.) said he will vote for the landmark Senate crypto bill in the Banking Committee this week, after negotiating changes (including fiduciary-responsibility language) and leaving room to consider amendments at the markup, signaling momentum for the legislation regardless of bipartisan backing.
- Kennedy to support Senate crypto bill Politico
- The Facts: The CLARITY Act Protects Main Street, Unleashes Responsible Innovation, and Cracks Down on Fraud and Money Laundering Senate Committee on Banking, Housing, and Urban Affairs (.gov)
- More than 100 amendments filed targeting stablecoins, ethics and DeFi ahead of Senate Banking Committee Clarity Act vote The Block
- Clarity Act Text Reveals Stablecoin Rules, Crypto Provisions Ahead Of Hearing Investor's Business Daily
- Coinbase CEO says crypto bill could transform US financial system as Senate vote approaches Fox Business
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