Senate stalls landmark crypto bill, delaying regulation until fall
The Senate postponed the Clarity Act, a sweeping cryptocurrency-regulation bill, until September after its August recess, dampening momentum as lawmakers work to resolve ethics provisions and other unresolved issues; Democrats seek safeguards to curb potential conflicts involving the president’s crypto ties, while banks press for changes and Republicans warn of dwindling momentum with a tight post-recess window before the midterms.
