The U.S. Senate Banking Committee has postponed the vote on the CLARITY Act, a significant crypto market structure bill, originally set for September 30. The delay is attributed to insufficient bipartisan feedback and the looming threat of a government shutdown. The CLARITY Act seeks to delineate regulatory duties between the SEC and CFTC and proposes exemptions for certain digital assets from the 1933 Securities Act registration requirements. A new voting date is tentatively planned for the week of October 20, though it remains unconfirmed. This postponement underscores the ongoing political challenges in establishing clear crypto regulations.
U.S. Senate Postpones Vote on CLARITY Act Amid Political Hurdles
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