Senate Moves CLARITY Act Toward Floor Vote on Crypto Regulation

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Source: CoinGape
Senate Moves CLARITY Act Toward Floor Vote on Crypto Regulation
Photo: CoinGape
TL;DR Summary

The Digital Asset Market Clarity Act (CLARITY Act) was added to the Senate calendar, signaling a near-floor vote after committee passage. The bill would define a regulatory framework for digital assets and clarify duties for the SEC and CFTC, with backing from Senate Banking Chair Tim Scott and urging swift action from Sen. Cynthia Lummis as Congress weighs crypto-market reforms ahead of the August recess.

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