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Sen. Cynthia Lummis signaled the CLARITY Act crypto market structure bill will more likely reach a Senate floor vote before the August recess than by Jul. 4. Key Points: ❯ Lummis said a floor vote stays possible before Jul. 4 but looks more likely ahead of the August recess. ❯ Negotiators must still

The cryptocurrency industry says the U.S. may finally be moving toward a workable legal framework for digital assets after the Senate Banking Committee advanced the Clarity Act, a bill supporters argue could end years of regulatory confusion that pushed innovation offshore. The committee approved th

The U.S. Senate Banking Committee on Thursday advanced the Clarity Act by a 15-9 vote, moving the most significant crypto market structure bill yet a step closer to the full Senate. Senate Panel Vote Details The committee approved the measure largely along party lines, with Democratic Sens. Ruben Ga

Senator Thom Tillis is pressing Senate Banking Committee Chair Tim Scott to hold the CLARITY Act until May, citing unfinished stablecoin yield talks between banks and crypto firms. Tillis Urges May Markup The North Carolina Republican told Scott the panel should not advance the digital asset market

The US Senate will walk back into session on Monday after its Easter recess with a piece of legislation that could permanently reshape the American crypto market sitting at the top of the agenda. The Digital Asset Market Clarity Act, known as the Clarity Act, is heading for a Senate Banking Committe