The Republican-led Senate Banking Committee on Thursday is set to consider long-awaited legislation that would create regulations for cryptocurrencies - a landmark step for the bill which has been bogged down by a dispute between crypto companies and banks. The Clarity Act would clarify regulators' jurisdiction over the sector. Thursday's "mark-up," when senators debate, amend and vote on whether to advance the bill, will indicate if it can win the at least seven Democratic votes needed to ​pass the full Senate. Many Democrats are against the bill, arguing its anti-money laundering provisions are too weak and that it ... (full story)