After months of back and forth, the U.S. Clarity Act passed the Senate Banking Committee markup vote on May 14, clearing the most critical legislative hurdle in the bill's history by a vote of 15-9. Democratic Senators Ruben Gallego of Arizona and Angela Alsobrooks of Maryland crossed party lines to join all 13 Republicans on the panel, giving the bill bipartisan support. The House passed its version of the crypto legislation last year with a 294-134 vote. During the markup, senators debated, amended, and voted on whether to advance the bill to the full Senate floor. The bill now heads there for what will be its next ... (full story)