The U.S. Senate is preparing to advance a long-awaited crypto market structure package—dubbed the ‘Clarity bill’—as early as July, though competing legislative priorities and unresolved disputes over anti-illicit finance provisions could push the timeline into the fall and narrow the window for passage before Congress’ August recess.
According to reporting from The Block, Sen. Cynthia Lummis plans to release updated legislative text around July 4, with the aim of moving the bill toward a vote later in the month. A Senate aide cited by the outlet said the measure is expected to be a core… Read more
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