A crucial vote on the Crypto-Asset Market Structure Act, known as the CLARITY Act, is imminent as Republican leaders in Washington D.C. push for swift legislative action. The bill seeks to establish a comprehensive regulatory framework for digital assets, addressing asset classification, regulatory oversight, and consumer protection.
Republican Senator Cynthia Lummis is spearheading the effort, with plans to release a revised draft by the weekend and call for a vote. However, Democratic lawmakers are focused on amending the current version, creating a tight deadline to finalize the legislation before the Christmas holiday recess.
U.S. Crypto Market Structure Bill Faces Urgent Vote Amid Bipartisan Tensions
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