Senate Vote Tests Clarity Act Amid Last-Minute Crypto Lobbying
TL;DR
Tuesday’s preliminary vote on the Clarity Act—crypto market-regulation legislation—faces uncertain support as banks push to fix stablecoin yields and Democrats demand stronger ethics language; the vote is a make-or-break moment to keep the bill alive, with a 'free vote' allowing amendments and White House concessions contingent on advancing the measure. If it fails, final passage this Congress looks unlikely.
- Clarity Act faces make-or-break Senate vote on Tuesday as crypto industry pushes for bill CNBC
- Senate Republicans' new crypto bill text adds new ethics language Reuters
- Trump agreed to new ethics rules to get a crypto bill across the line. But that might not be enough AP News
- Trump backed Clarity Act's final text as banks and crypto industry clashed over stablecoin rules qz.com
- It is now or never for the Clarity Act The Hill
Want the full story? Read the original reporting
Read on CNBC