The U.S. Senate is expected to unveil final language for the so-called Bitcoin ‘Clarity Act’ within days, a move that could become a near-term catalyst for sentiment as investors look for signs that Washington is prepared to reduce the industry’s regulatory grey zone.
Bloomberg reported that the bill’s finalized text may be released around the U.S. Independence Day holiday period, according to crypto policy journalist Pete Rizzo. While details of the draft have not been publicly confirmed, market participants are watching for whether the legislation draws cleaner boundaries among regulators… Read more
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