US Senate Republicans release new crypto bill text ahead of critical vote
US Senate Republicans have released a revised version of the Clarity Act, incorporating 126 substantive changes sought by Democrats. The crypto bill faces a key procedural vote on Tuesday, but its passage remains uncertain as Democrats weigh ethics safeguards and the banking industry continues to oppose provisions allowing stablecoin rewards.
US Senate Republicans release new crypto bill text ahead of critical vote
What Happened
US Senate Republicans have released a revised version of the Clarity Act, incorporating 126 substantive changes sought by Democrats. The crypto bill faces a key procedural vote on Tuesday, but its passage remains uncertain as Democrats weigh ethics safeguards and the banking industry continues to oppose provisions allowing stablecoin rewards.
Key Details
Original reporting provided by Economic Times Markets.
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