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U.S. Senate crypto bill may advance with revised Clarity Act draft

From tradersunion.com

As first reported by CoinDesk, people following the effort say lawmakers may release a new version of the Clarity Act as soon as next week as Senate leaders push for possible floor action later in July. The updated text combines work from the Senate Banking and Agriculture Committees rather than simply merging the two earlier committee-approved bills. People briefed on the talks say the draft reflects negotiations on unresolved issues and adds greater emphasis on consumer protections. The measure still faces major obstacles. One of the main sticking points is an ethics provision sought by Senate Democrats that would ... (full story)

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